Ten-League Regains Nasdaq Compliance, Avoids Delisting
TLIH sits 66% above its 52-week low of $2.2 on light trading volume (0.1× avg).
Summary
Ten-League International Holdings Ltd announced it has regained compliance with Nasdaq's minimum bid price requirement, successfully resolving the immediate delisting threat.
Key Events · Corporate Governance and Compliance · TLIH
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Regained Nasdaq Compliance
The company received formal notification on May 26, 2026, that it has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share.
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Delisting Threat Resolved
This action successfully resolves the immediate delisting threat that the company had been facing since September 2025, which was previously disclosed in multiple filings.
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Mandatory Monitoring Period Imposed
Ten-League will remain under a mandatory Nasdaq Panel Monitor through May 26, 2027. During this period, any failure to maintain a $1.00 closing bid price for 30 consecutive days will result in an immediate delist determination without a grace period.
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Follows Reverse Stock Split
This compliance follows the 1-for-10 reverse stock split implemented on May 1, 2026, which was a key step in addressing the bid price deficiency.
Analysis · TLIH · Trade & Services
The company has successfully met Nasdaq's minimum bid price requirement, preventing its shares from being delisted. This follows a period of non-compliance and a recent 1-for-10 reverse stock split implemented on May 1, 2026, to boost its share price. While the immediate delisting threat is resolved, the company remains under a mandatory one-year monitoring period, meaning any future non-compliance will result in an immediate delist determination without a grace period.
At the time of this filing, TLIH was trading at $3.65 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $11.1M. The 52-week trading range was $2.20 to $70.00. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.