Mint Incorporation Limited Receives Nasdaq Notification for Non-Compliance with $1 Minimum Bid Price
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 23 2025
0mins
Source: Globenewswire
- Compliance Issue: Mint Incorporation Limited received a notification from Nasdaq on December 19, 2025, indicating non-compliance with the minimum bid price requirement due to its Class A ordinary shares closing below $1 for 30 consecutive business days.
- Compliance Period: The company has a compliance period of 180 days until June 17, 2026, during which it must achieve a closing bid price of at least $1 for 10 consecutive business days to regain compliance and mitigate market repercussions.
- Potential Actions: If compliance is not regained within the period, Mint may seek an additional 180-day grace period and consider implementing a reverse stock split to meet Nasdaq's continued listing requirements.
- Operational Impact: The receipt of the notification does not affect Mint's operations, as the company will continue to monitor its share price and evaluate necessary compliance measures to maintain its listing status on Nasdaq.
Analyst Views on MIMI
About MIMI
Mint Incorporation Ltd is a holding company principally engaged in the interior design and fit out work businesses. The Company is principally engaged in the interior design and fit out work such as overall project management, supervision of the construction and installation of interior fit out works carried out by own subcontractors, procurement and supply of carpentry, joiner, integral furniture, fixtures and accessories as well as others. In addition, the Company is engaged in the creation of tailor-made interior design proposals.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
