Singularity Future Technology Regains Nasdaq Listing Compliance

What Happened
Singularity Future Technology Ltd. (SGLY) filed an 8-K (Item 8.01) announcing that Nasdaq has confirmed the company has regained compliance with the $1.00 minimum bid-price requirement under Nasdaq Listing Rule 5550(a)(2). Nasdaq sent an initial staff determination on November 19, 2025 that the company's common stock had failed the $1 minimum bid for the prior 30 consecutive business days. The company was given an initial compliance period through May 18, 2026 and an additional extension through November 16, 2026. On August 10, 2026 Nasdaq notified the company it had met the rule based on the closing bid for the 10 consecutive business days from July 27, 2026 to August 7, 2026, and that the matter is closed.

Key Details

• Nasdaq Notice issued: November 19, 2025 (failure to meet $1 minimum bid for prior 30 business days).
• Initial compliance deadline: May 18, 2026; extension granted to November 16, 2026.
• Regained compliance confirmed by Nasdaq on August 10, 2026 based on 10 consecutive business-day closing bids from July 27–August 7, 2026.
• Nasdaq has closed the matter; company remains listed on The Nasdaq Capital Market.

Why It Matters
Regaining compliance removes the immediate risk of Nasdaq delisting tied to the minimum bid-price deficiency and preserves the company’s Nasdaq listing and related liquidity and access for investors. This action addresses only the listing-price deficiency; it does not provide information about the company’s financial results or operations. Investors should note ongoing listing obligations remain and continue to monitor share price and future SEC/Nasdaq filings for any further developments.