Kandal M Venture Ltd Faces Nasdaq Delisting Warning
Ticker: FMFC · Form: 6-K · Filed: Dec 29, 2025 · CIK: 2024656
Sentiment: bearish
Topics: listing-deficiency, delisting-risk, compliance
TL;DR
Nasdaq says Kandal M Venture's stock price is too low, risking delisting.
AI Summary
Kandal M Venture Limited received a deficiency letter from Nasdaq on December 22, 2025, stating it no longer meets the minimum bid price requirement for continued listing. This is based on the closing bid price of the Company's stock for the period from November 6, 2025, to December 19, 2025.
Why It Matters
Failure to regain compliance with Nasdaq's minimum bid price rule could lead to the company's stock being delisted, impacting liquidity and investor confidence.
Risk Assessment
Risk Level: high — The company is at high risk of delisting from Nasdaq due to failing to meet the minimum bid price requirement.
Key Players & Entities
- Kandal M Venture Limited (company) — The company that received the Nasdaq deficiency letter.
- Nasdaq (company) — The stock exchange that issued the deficiency letter.
- December 22, 2025 (date) — Date the company received the deficiency letter.
- November 6, 2025 (date) — Start date of the period used to assess bid price.
- December 19, 2025 (date) — End date of the period used to assess bid price.
FAQ
What specific Nasdaq rule has Kandal M Venture Limited violated?
Kandal M Venture Limited has violated the minimum bid price requirement for continued listing on Nasdaq.
When did Kandal M Venture Limited receive the deficiency letter from Nasdaq?
The company received the deficiency letter on December 22, 2025.
What period was used to determine the company's non-compliance with the bid price rule?
The period from November 6, 2025, to December 19, 2025, was used to assess the company's closing bid price.
What is the consequence of failing to meet Nasdaq's continued listing requirements?
Failure to meet continued listing requirements can lead to the delisting of the company's stock from Nasdaq.
Does Kandal M Venture Limited file annual reports under Form 20-F or Form 40-F?
Kandal M Venture Limited files annual reports under Form 20-F.
Filing Stats: 480 words · 2 min read · ~2 pages · Grade level 17.9 · Accepted 2025-12-29 17:00:03
Key Financial Figures
- $1 — (2), to maintain a minimum bid price of $1 per share. Nasdaq has provided the Com
Filing Documents
- ea0270770-6k_kandal.htm (6-K) — 12KB
- ea027077001ex99-1_kandal.htm (EX-99.1) — 9KB
- 0001213900-25-126112.txt ( ) — 22KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. KANDAL M VENTURE LIMITED Date: December 29, 2025 By: /s/ Duncan Miao Name: Duncan Miao Title: Chairman of the Board of Directors 2