Gamehaus Holdings Inc. Responds to Nasdaq's Minimum Bid Price Requirement Notification

Gamehaus Holdings Inc. Faces Nasdaq Compliance Issues

Gamehaus Holdings Inc., a notable player in the mobile gaming market, recently made headlines when it received a notice from the Nasdaq Stock Market regarding its share prices. According to the announcement made by the company, the notice was given on July 10, 2026, due to the company’s Class A ordinary shares closing below the minimum bid price requirement of $1.00 per share for 30 consecutive business days—a rule outlined in Nasdaq’s Listing Rule 5550(a)(2).

Despite this notification, Gamehaus assures its stakeholders that there is no immediate impact on the trading or listing status of its shares on the Nasdaq Capital Market. They have been granted a compliance period of 180 calendar days, which will conclude on January 6, 2027. During this time, the company aims to increase its share price to meet Nasdaq's requirements. To regain compliance, their Class A ordinary shares must close at or above $1.00 for at least ten consecutive business days. If they successfully do so, Nasdaq will officially confirm compliance and close the matter.

Should the company fail to meet this requirement by the established deadline, they may be eligible for an additional compliance period of 180 days. However, to qualify for this extension, they will need to satisfy specific continued listing requirements for market value of publicly held shares, along with maintaining all initial listing standards with the exception of the bid price requirement. The company will also need to notify Nasdaq of its intention to rectify the issue during the second compliance period.

Gamehaus is actively monitoring the closing bid price of its Class A ordinary shares. The company's management is dedicated to exploring all available options to ensure compliance with Nasdaq's minimum bid price requirement. Even though the efforts to achieve compliance are being pursued earnestly, the company acknowledges the inherent uncertainties and stresses that regaining compliance cannot be guaranteed.

About Gamehaus Holdings Inc.

Gamehaus Holdings Inc. is dedicated to revolutionizing mobile gaming as a technology-driven global publisher. The company strives to connect creative studios with players worldwide, boasting a diverse portfolio that includes both mid-core and casual games. They provide comprehensive publishing support that encompasses market insights, user growth strategies, live operations, data analytics, and monetization optimization. Intended to be the ideal partner for innovative teams, Gamehaus emphasizes its capability to leverage global publishing outreach alongside AI-driven solutions to propel its partners towards sustained success.

The forward-looking statements made by Gamehaus reflect its current expectations and plans; however, it is important to note that these expressions are subject to numerous risks and uncertainties. The company has issued guidance to investors regarding these forward-looking statements, emphasizing that actual results may diverge from their predictions due to various factors outlined in their annual report. The company is committed to operational transparency and will provide timely updates regarding any changes impacting its business or compliance standing.

For further inquiries, investors can reach out to Gamehaus Holdings Inc.’s investor relations team or connect with their media contact.

Gamehaus remains optimistic about its future business endeavors and potential growth within the competitive mobile gaming industry, while remaining responsive to the challenges posed by stock market requirements.