SUGP

SU Group Holdings Limited Compliance Notification

• Non-Compliance Notification: On August 27, 2025, SU Group Holdings Limited (Nasdaq: SUGP) received a notification from Nasdaq indicating non-compliance with its listing rules due to insufficient publicly held shares. The company currently has approximately 424,000 publicly held shares, falling short of the required minimum of 500,000 shares.

• Response and Compliance Plan: The company has until October 13, 2025, to submit a plan to Nasdaq to regain compliance with Listing Rule 5550(a)(4). If the plan is not accepted, SU Group has the option to appeal the decision to a Nasdaq Hearings Panel.

Company Overview

• Business Operations: SU Group is an integrated security-related services company based in Hong Kong, specializing in security engineering services, security guarding, screening services, and vocational training. The company has been operational for over two decades, providing comprehensive security system services, including threat detection and traffic control systems, to various sectors such as commercial, public, and residential properties.

Forward-Looking Statements

• Risk Factors: The company has issued forward-looking statements regarding its future compliance with Nasdaq's requirements, highlighting potential risks and uncertainties that could affect actual results. These include the ability to submit a satisfactory compliance plan and maintain the necessary number of publicly held shares.

• Upcoming Stock Splits: Several companies are set to execute reverse stock splits between August 25 and August 29, aimed at increasing share prices and meeting Nasdaq compliance requirements.

• Company Examples: Notable companies include Graphjet Technology (1-for-60), Foresight Autonomous Holdings (1-for-7), and Greenwave Technology Solutions (1-for-110), all implementing reverse splits to enhance their market standing.

• Market Implications: Reverse stock splits can signal strategic shifts for companies, potentially attracting more retail investors and improving compliance with exchange listing standards.

• Additional Companies: Other firms like SU Group Holdings, Quhuo Limited, and Americas Gold and Silver Corp are also undertaking similar actions to consolidate shares and strengthen their capital structures.

• Nordson Corporation Performance: Nordson Corporation's shares rose 5.4% in pre-market trading after reporting third-quarter revenue of $741.51 million, exceeding analyst expectations of $722.57 million, with adjusted earnings per share at $2.73.

• Other Gainers: Aethlon Medical saw a significant increase of 68.2%, while Tharimmune and Brazil Potash also reported substantial gains of 53.8% and 35.8%, respectively, due to positive announcements regarding stock offerings and agreements.

• Notable Losers: ModivCare's shares plummeted 41.1% following its Chapter 11 filing for restructuring, while Coty Inc. fell 21.4% despite reporting higher-than-expected revenue but missing earnings estimates.

• Market Overview: The pre-market trading session showed a mix of gains and losses among various stocks, reflecting reactions to recent financial results and corporate announcements.