10/17/2025 | Press release | Distributed by Public on 10/17/2025 15:01
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On October 14, 2025, Scienture Holdings, Inc. (the "Company") received a written notice from the Listing Qualifications department of The Nasdaq Stock Market LLC ("Nasdaq") indicating that the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1), as the minimum bid price of the Company's common stock, par value $0.00001 ("Common Stock") had been below $1.00 per share for 30 consecutive business days (the "Minimum Bid Price Requirement"). According to that notice, the Company has 180 calendar days, or until April 13, 2026, to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the minimum bid price of the Company's Common Stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days during this 180-calendar day grace period.
This written notice has no immediate effect on the listing or trading of the Company's Common Stock on Nasdaq. The Company believes it will be able to timely regain compliance with Nasdaq's continued listing requirements. However, there can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or will otherwise be able to maintain compliance with other Nasdaq listing criteria.