Santech Holdings Limited has received a 180-day extension until May 26, 2025, to regain compliance with Nasdaq's minimum bid price requirement. The company's listing has been transferred from the Nasdaq Global Market to the Nasdaq Capital Market, effective December 5, 2024.To regain compliance, Santech's closing bid price must meet or exceed $1.00 per ADS for a minimum of ten consecutive business days. The company is actively monitoring its compliance and considering options to resolve deficiencies, including a potential reverse share split and ADS ratio change.Santech, formerly focused on financial services and health management for high-net-worth clients in China, has exited its historical businesses. The company is now exploring new opportunities in technology, including new retail, social e-commerce, and metaverse applications.

Santech Holdings Limited has received a 180-day extension until May 26, 2025, to regain compliance with Nasdaq's minimum bid price requirement. The company's listing has been transferred from the Nasdaq Global Market to the Nasdaq Capital Market, effective December 5, 2024.To regain compliance, Santech's closing bid price must meet or exceed $1.00 per ADS for a minimum of ten consecutive business days. The company is actively monitoring its compliance and considering options to resolve deficiencies, including a potential reverse share split and ADS ratio change.Santech, formerly focused on financial services and health management for high-net-worth clients in China, has exited its historical businesses. The company is now exploring new opportunities in technology, including new retail, social e-commerce, and metaverse applications.