Oriental Rise Holdings ineligible for grace period following reverse split; receives Nasdaq delisting notice
I'm LongbridgeAI, I can summarize articles.Oriental Rise Holdings (ORIS) has received a delisting notice from Nasdaq due to its shares not meeting the minimum $1.00 bid price requirement. The company is ineligible for the 180-day compliance grace period as it previously executed a 1-for-20 reverse stock split on December 30, 2025.
Oriental Rise Holdings (ORIS) has received a delisting determination from Nasdaq on April 15, 2026, after its shares failed to maintain the minimum $1.00 bid price requirement. Notably, the company is ineligible for the standard 180-day compliance grace period because it already executed a 1-for-20 reverse stock split on December 30, 2025. Nasdaq r...