Summary by Futu AI
Wang & Lee Group, Inc. has reported to the United States Securities and Exchange Commission (SEC) in a Form 6-K filing for April 2024 that it has been granted an additional 180-day period by Nasdaq to meet the minimum bid price requirement. The company, listed under WLGS.US, had previously been notified on October 24, 2023, that it did not meet Nasdaq's minimum $1 bid price per share requirement. Initially given until April 22, 2024, to regain compliance, the extension now allows Wang & Lee Group until October 21, 2024, to achieve a closing bid price of at least $1 per share for a minimum of 10 consecutive business days. The company's CEO, Pui Lung Ho, signed the SEC filing on April 24, 2024.