The July 10 notification from the Listing Qualifications Department confirms that Gamehaus remains in compliance with broader listing requirements for the time being, as the notice carries no immediate impact on daily trading or business operations. Under Nasdaq rules, the company has been granted a 180-day grace period, extending through January 6, 2027, to resolve the deficiency. To regain compliance, the publisher must see its shares close at or above $1.00 for at least 10 consecutive sessions before the deadline.
Gamehaus Holdings Faces Nasdaq Delisting Risk Over Share Price
Shanghai-based mobile game publisher Gamehaus Holdings Inc. has received a formal warning from Nasdaq after its Class A ordinary shares traded below the mandatory $1.00 threshold for 30 consecutive business days, triggering a countdown for the company to restore its market standing or face potential delisting.
Management stated that it intends to monitor the stock price closely and explore strategic options to satisfy the exchange's requirements. Should the company fail to meet the target by early January, it could potentially apply for a second 180-day extension, provided it satisfies other initial listing standards. While the company expressed confidence in its efforts to address the shortfall, it cautioned investors that there is no guarantee these measures will succeed in maintaining its Nasdaq listing.
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