mF International Limited Granted Additional 180 Days to Meet Nasdaq's Compliance Standards

mF International Limited Receives Nasdaq Compliance Extension

mF International Limited, a prominent financial trading solutions provider based in Hong Kong, has recently been granted an additional 180-day extension by Nasdaq to comply with the minimum bid price requirement. This announcement, made on February 4, 2025, comes after the expiration of a previous 180-day compliance period on January 28, 2025.

Originally, on August 1, 2024, Nasdaq notified mF International that the closing bid price of its ordinary shares had fallen below the required minimum of $1.00 for 30 consecutive business days. This led to the initial probationary period for compliance, which mF International did not successfully meet. Now, with this new extension, the company has until July 28, 2025, to correct its stock price and meet Nasdaq's standards.

To regain compliance, the company's Class A ordinary shares must achieve a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. Should the company fail to demonstrate compliance by the new deadline, it risks being delisted from the Nasdaq stock market.

mF International has expressed its intent to keep a close watch on its stock price, considering various strategies to ensure compliance within the stipulated timeframe. The company reassured stakeholders that this extension will not interfere with its operations, reporting obligations to the U.S. Securities and Exchange Commission, or any of its contractual commitments.

About mF International Limited

Founded as a holding company in the British Virgin Islands, mF International Limited oversees three subsidiaries located in Hong Kong. Its primary subsidiary, m-FINANCE Limited, specializes in providing a wide range of financial trading solutions, leveraging around two decades of experience in the industry. The company offers several services, including real-time forex, bullion trading platforms, and various value-added services designed for brokers and institutional clients across Asia, particularly in mainland China and Southeast Asia.

With a strong clientele and sophisticated technology solutions like the mF4 Trading Platform and mobile applications, m-FINANCE is well-equipped to guide its users through the complex world of financial trading. Its focus remains on meeting the dynamic needs of its clients amid challenging market conditions.

As the market landscape evolves, regulatory requirements like those from Nasdaq play a crucial role in maintaining investor confidence. Companies like mF International must remain vigilant and proactive to meet these challenges head-on, demonstrating their commitment to robust governance and operational excellence. Stakeholders and investors are encouraged to stay informed about the company's progress as it negotiates this compliance pathway, navigating through both opportunities and challenges that lie ahead.

For more details, please visit mF International Limited's website.