THE GROWHUB LIMITED Faces Nasdaq Compliance Challenge Over Equity Shortfall

SINGAPORE, May 29, 2026 - THE GROWHUB LIMITED, trading under the ticker NASDAQ: TGHL, has recently announced that it has received a notification from The Nasdaq Stock Market due to a deficiency in its stockholders' equity. According to the letter dated May 26, 2026, the company's stockholders' equity reported at $2,299,129 fails to meet the minimum requirement of $2,500,000 as per Nasdaq Listing Rule 5550(b)(1).

The notification is a result of the equity figures shared in their recently filed Form 20-F, covering the period ending December 31, 2025. While this situation poses a challenge, it is crucial to note that it doesn't immediately affect the listing status of GrowHub's securities. The company has until July 10, 2026, a span of 45 days from the notification's date, to devise and submit a plan to Nasdaq that outlines how they will regain compliance with the equity requirement.

The GrowHub team has expressed its firm commitment to remedy this situation within the stipulated compliance period and is actively working on a strategic plan. Should this plan gain approval from Nasdaq, the company could potentially receive an extension of up to 180 days to demonstrate compliance, ensuring its continued operation on the Nasdaq Capital Market.

About THE GROWHUB LIMITED

The GrowHub Limited is based in Singapore and specializes in utilizing blockchain technology to improve product traceability and authenticity throughout supply chains. The primary offerings include solutions aimed at enhancing product traceability, combatting counterfeiting, and managing carbon emissions, thereby promoting both transparency and sustainability in the marketplace.

The company's operations are organized into three key divisions: the GrowHub Platform, which features their innovative traceability blockchain technology; product trading facilitation services; and IT professional services. This multi-faceted approach underscores GrowHub's dedication to harnessing technology for ethical and sustainable business practices.

Looking Forward

As The GrowHub Limited navigates this temporary setback with Nasdaq, the emphasis remains on strategic execution and compliance. Investors are urged to stay informed and review both the risks and potential returns associated with their investments in the company. As is common with publicly traded entities, forward-looking statements made by GrowHub are subject to various risks and uncertainties, which have been outlined in their SEC filings. Thus, while the current situation presents challenges, it could also be an opportunity for the company to reinforce its financial foundations and strategic direction.

While this development raises concerns regarding the company's compliance with financial regulations, it’s essential for stakeholders to remember the underlying strength of GrowHub’s operations and its commitment to innovation in blockchain technology. As the company works diligently towards compliance, it retains the potential to continue providing powerful solutions in transparency and sustainability within supply chains globally.

For more information, you can visit The GrowHub Limited.