WF International Regains Nasdaq Compliance After Reverse Stock Split

summarizeSummary

WF International Ltd. announced it has regained compliance with Nasdaq's minimum bid price requirement, avoiding a potential delisting after executing a reverse stock split.

check_boxKey Events

• Regains Nasdaq Minimum Bid Price Compliance

  On June 23, 2026, WF International received formal notification from Nasdaq that it has regained compliance with the $1.00 minimum bid price requirement.

• Compliance Achieved Post Reverse Split

  The company's ordinary shares maintained a closing bid price of $1.00 or greater for 10 consecutive business days from June 8 to June 22, 2026, following a 1-for-10 reverse stock split on June 4, 2026.

• Removes Immediate Delisting Threat

  This action closes the prior minimum bid price deficiency matter, which had been ongoing since December 24, 2025, and removes the immediate threat of delisting from Nasdaq.

• Enables Use of Shelf Registration

  Regaining compliance is crucial for the company to potentially utilize its previously filed $60 million universal shelf registration (F-3 on May 11, 2026), which was filed while the company faced delisting concerns.

auto_awesomeAnalysis

This filing confirms WF International has successfully addressed its Nasdaq minimum bid price deficiency, which was a critical threat to its listing status. The compliance was achieved following a 1-for-10 reverse stock split on June 4, 2026, which boosted the share price above the $1.00 threshold. While avoiding delisting is a significant positive, the underlying financial health of the micro-cap company, which recently approved a much larger consolidation and has engaged in dilutive share issuances, remains a key concern for investors.