INNEOVA Holdings Limited gets notification from Nasdaq due to minimum bid price deficiency, no longer meeting requirement.

Unusual Whales
2025.12.11 22:18
Singapore-based company, INNEOVA Holdings Limited (Nasdaq: INEO), known for manufacturing OEM, third-party branded, and in-house branded vehicle and non-vehicle combustion engine parts, along with offering engineering services for infrastructure and mobility platforms, recently disclosed receiving a notification from The Nasdaq Stock Market LLC. Dated December 8, 2025, the letter informed INNEOVA that its closing bid price from October 24, 2025, to December 5, 2025, did not meet Nasdaq Listing Rules 5550(a)(2) requirement of maintaining a minimum bid price of $1 per share.