Springview Holdings Ltd. Regains Compliance with Nasdaq Minimum Bid Price Requirement

Springview Holdings Ltd. (SPHL) announced on December 22, 2025, that it has regained compliance with the Nasdaq Listing Rule 5550(a)(2) regarding the minimum bid price of $1.00 per share. The company received a written decision from the Nasdaq Hearings Panel on December 18, 2025, confirming compliance. This follows a period of non-compliance, an appeal, and a subsequent 1-for-8 reverse share split effective December 2, 2025. The Panel will retain jurisdiction until April 22, 2026, and has imposed a one-year discretionary monitoring period through December 18, 2026. During this period, the company must continue to demonstrate compliance with all Nasdaq listing standards. Springview Holdings Ltd. is committed to maintaining compliance and enhancing shareholder value. The company, operating since 2002, designs and constructs residential and commercial buildings in Singapore.