Springview Holdings Ltd announced that it has appealed the Nasdaq staff delisting determination issued on October 24, 2025. The determination was triggered by the company’s failure to maintain the required $1.00 minimum bid price under Nasdaq Rule 5550(a)(2), which requires a closing bid price of at least $1.00 for 30 consecutive business days.
The Nasdaq determination states that trading of Springview’s Class A ordinary shares will be suspended at the opening of business on November 4, 2025, unless the company regains compliance. The appeal must be received by the Nasdaq Hearings Department no later than 4:00 p.m. Eastern Time on October 31, 2025, and hearings are typically scheduled 30–45 days after the request.
If the appeal is unsuccessful, the company risks delisting, which would severely limit liquidity and could erode investor confidence. The appeal represents a critical effort by Springview to maintain its Nasdaq listing and protect shareholder value.
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