Hong Kong, Oct. 22, 2025 (WORLD NEWSWIRE)– Raytech Holding Limited (NASDAQ: RAY) (the “Business”), a Hong Kong-headquartered business concentrating on style, sourcing and wholesale of individual care electrical home appliances for global brand name owners, today revealed, on October 14, 2025, the Business got a letter from the Listing Credentials Department of The Nasdaq Stock Exchange LLC (” Nasdaq”) informing the Business that based upon the closing quote cost of the normal shares of the Business for the last 30 successive organization days, the Business no longer satisfies the ongoing listing requirement of Nasdaq under Nasdaq Listing Rules 5550( a)( 2 ), to preserve a minimum quote cost of $1 per share.
The alert has no instant impact on the listing or trading of the Business’s normal shares on Nasdaq. Nasdaq has actually offered the Business with an 180 calendar days compliance duration, or till April 13, 2026, in which to restore compliance with Nasdaq continued listing requirement. In case the Business does not restore compliance in the compliance duration, the Business might be qualified for an extra 180 calendar days, ought to the Business satisfy the ongoing listing requirement for market price of openly held shares and all other preliminary listing requirements for The Nasdaq Capital Market, with the exception of the quote cost requirement, and has the ability to offer written notification of its objective to treat the shortage throughout the 2nd compliance duration, by effecting a reverse stock split, if essential. Nevertheless, if it appears that the Business will not have the ability to treat the shortage, or if the Business is otherwise not qualified, Nasdaq will offer notification that the Business’s securities will go through delisting.
The Business is presently examining alternatives to restore compliance and plans to prompt restore compliance with Nasdaq’s ongoing listing requirement. Although the Business will utilize all sensible efforts to attain compliance with Guideline 5550( a)( 2 ), there can be no guarantee that the Business will have the ability to restore compliance with that guideline or will otherwise remain in compliance with other Nasdaq continued listing requirement.
About Raytech Holding Limited
Raytech Holding Limited is a Hong Kong-headquartered business with over ten years of experience in the individual care electrical home appliance market. Through its operating subsidiary in Hong Kong, it sources and wholesales a varied series of individual care electrical home appliances varying from hair styling, tooling, trimmer, eyelash curler, neck care, to nail care and other body and facial care home appliances for global brand name owners, offering incorporated item style, production processing, and producing services. For more details please check out: https://ir.raytech.com.hk/
Positive Declarations
This news release consists of positive declarations. These declarations are made under the “safe harbor” arrangements of the U.S. Personal Securities Lawsuits Reform Act of 1995. Declarations that are not historic realities, consisting of declarations about the Business’s beliefs and expectations, are positive declarations. Positive declarations include intrinsic dangers and unpredictabilities, and a variety of aspects might trigger real outcomes to vary materially from those included in any positive declaration. In many cases, positive declarations can be determined by words or expressions such as “may,” “will,” “anticipate,” “prepare for,” “target,” “objective,” “price quote,” “plan,” “strategy,” “think,” “possible,” “continue,” “is/are most likely to” or other comparable expressions. The Business might likewise make composed or oral positive declarations in its reports submitted with, or provided to, the U.S. Securities and Exchange Commission, in its yearly reports to investors, in news release and other written products and in oral declarations made by its officers, directors or staff members to 3rd parties. These declarations go through unpredictabilities and dangers consisting of, however not restricted to, the following: the Business’s objectives and techniques; the Business’s future organization advancement; monetary condition and outcomes of operations; services and product need and approval; credibility and brand name; the effect of competitors and rates; modifications in innovation; federal government policies; changes in basic financial and organization conditions in U.S., Hong Kong and China and presumptions underlying or connected to any of the foregoing and other dangers included in reports submitted by the Business with the SEC. For these factors, to name a few, financiers are warned not to put excessive dependence upon any positive declarations in this news release. Extra aspects are talked about in the Business’s filings with the SEC, which are offered for evaluation at www.sec.gov. The Business carries out no commitment to openly modify these positive declarations to show occasions or situations that emerge after the date hereof.
For more details, please contact:
Media & & Financier Contact:
International Elite Capital Inc.
Annabelle Zhang
Tel: +1( 646) 866-7928
Email: management@iecapitalusa.com