Primega Group Holdings Ltd Faces Nasdaq Bid Price Non-Compliance
Ticker: ZDAI · Form: 6-K · Filed: Sep 12, 2025 · CIK: 1966678
| Field | Detail |
|---|---|
| Company | Primega Group Holdings Ltd (ZDAI) |
| Form Type | 6-K |
| Filed Date | Sep 12, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $1, $1.00 b, $1.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: listing-compliance, sec-filing, nasdaq
TL;DR
Nasdaq still flagging Primega for low stock price, grace period ongoing.
AI Summary
Primega Group Holdings Limited received a notice from Nasdaq on March 12, 2025, regarding its non-compliance with the minimum bid price requirement. The company was previously notified on March 14, 2025, and has been given a grace period to regain compliance. This filing is an update for the month of September 2025.
Why It Matters
This filing indicates potential risks for investors regarding the company's listing status on the Nasdaq stock exchange, which could impact liquidity and valuation.
Risk Assessment
Risk Level: medium — The company is at risk of delisting from Nasdaq if it cannot meet the minimum bid price requirement within the specified timeframe.
Key Players & Entities
- Primega Group Holdings Limited (company) — The registrant filing the report.
- Nasdaq (company) — The stock exchange that issued the non-compliance notice.
- March 12, 2025 (date) — Date Nasdaq issued the initial non-compliance notice.
- March 14, 2025 (date) — Date the company previously disclosed the Nasdaq notice.
FAQ
What specific requirement is Primega Group Holdings Limited not meeting with Nasdaq?
Primega Group Holdings Limited is not meeting the minimum bid price requirement for its common stock on The Nasdaq Stock Market LLC.
When did Nasdaq first notify Primega Group Holdings Limited about the bid price issue?
Nasdaq first notified the Company on March 12, 2025.
When was the previous Form 6-K filed regarding this issue?
The previous Form 6-K regarding this issue was furnished on March 14, 2025.
What is the reporting period for this Form 6-K?
This Form 6-K is for the month of September 2025.
Does Primega Group Holdings Limited file annual reports under Form 20-F or 40-F?
Primega Group Holdings Limited indicates it files annual reports under Form 20-F.
Filing Stats: 650 words · 3 min read · ~2 pages · Grade level 15.9 · Accepted 2025-09-12 16:15:19
Key Financial Figures
- $1 — (2), to maintain a minimum bid price of $1 per share. The Company was provided 180
- $1.00 b — not regain compliance with the minimum $1.00 bid price per share requirement during th
- $1.00 — he Company’s security is at least $1.00 per share for a minimum of 10 consecuti
Filing Documents
- form6-k.htm (6-K) — 18KB
- 0001493152-25-013197.txt ( ) — 19KB
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. PRIMEGA GROUP HOLDINGS LIMITED By: /s/ Tan Yu Name: Tan Yu Title: Chief Executive Officer, and Chairmen of the Boardr Date: September 12, 2025