Lakeside Holding Ltd 8-K

What Happened
Lakeside Holding Ltd (LSH) announced on January 9, 2026 (receiving the Notice dated January 7, 2026) that Nasdaq notified the company it failed to meet the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). The deficiency was based on the closing bid price over the prior 30 consecutive business days ending January 6, 2026. Nasdaq has provided an initial 180-calendar-day cure period ending July 7, 2026.

Key Details

• Nasdaq Listing Rule referenced: 5550(a)(2) (minimum $1.00 bid price).
• Notice received: January 7, 2026; compliance deadline (initial period): July 7, 2026 (180 days).
• Regain compliance: if the stock closes at $1.00 or more for at least 10 consecutive business days before the Compliance Date (Staff may require up to ~20 consecutive business days).
• If not cured, the company may seek a second 180-day period only if it meets other listing standards (e.g., market value of publicly held shares and initial listing standards) and files written notice; failure could lead to a delisting notice and appeal rights.

Why It Matters
A Nasdaq notice for failure to meet the $1.00 bid price is a formal warning that could lead to delisting if not corrected. Delisting would reduce liquidity and could make the stock harder to trade or less attractive to institutional investors. The company said Nasdaq’s notice does not affect the current listing immediately and indicated it will monitor the share price and may consider options such as a reverse stock split to regain compliance.