Republic Power Group Ltd Crosses Above 5-Day SMA on Compliance Risk Notification
Republic Power Group Ltd's stock price increased by 8.02% today, crossing above the 5-day SMA. This movement comes in the context of a compliance risk notification from NASDAQ regarding a late 20-F filing.
On November 21, 2025, Republic Power received a delinquency letter from NASDAQ due to its failure to file the 20-F annual report on time. The company has 60 days to submit a compliance plan, which, if accepted, could extend the deadline for regaining compliance until May 18, 2026.
While the notification poses a risk to the company's compliance and listing status, it does not have an immediate impact on the listing of its ordinary shares. This indicates that the company still has time to take corrective actions to avoid more severe consequences.
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