Raytech Holding Limited (NASDAQ: RAY) faces Nasdaq delisting as stock falls below $1 per share for 30 days on Oct. 14.
On October 14, 2025, Raytech Holding Limited (NASDAQ: RAY), headquartered in Hong Kong and specializing in personal care electrical appliances, received notice from the Listing Qualifications Department of Nasdaq. The letter stated that due to the closing bid price of the company's ordinary shares remaining below $1 for the last 30 consecutive business days, Raytech no longer complies with Nasdaq Listing Rules 5550(a)(2) requiring a minimum bid price of $1 per share to maintain listing eligibility.
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