The GrowHub Limited Receives Nasdaq Delisting Notice, Plans to Appeal

The GrowHub Limited received a Staff Determination Letter from Nasdaq on June 5, 2026, indicating the company's securities are subject to delisting from the Nasdaq Capital Market. The company failed to regain compliance with the minimum bid price rule ($.1.00) by the June 1, 2026 deadline. Additionally, GrowHub does not meet other initial and continued listing requirements, including stockholders' equity, market value of listed securities, and pre-tax income. The company intends to request a hearing before the Nasdaq Hearings Panel and a stay of suspension pending the hearing. GrowHub is actively working on a compliance plan to address the identified issues. A press release was issued on June 9, 2026, detailing this development.