CCH Holdings Stock Soars 58.8% to $1.89 After Nasdaq Deficiency Notice
CCH Holdings received a Nasdaq notice after its shares closed below $1 for 30 consecutive business days, triggering a 180-day window to regain compliance by Aug. 3 with 10 straight closes at or above $1. The stock surged 58.8% to $1.89 in after-hours trading following the announcement.
1. Nasdaq Deficiency Notice
CCH Holdings received a Feb. 3 notification from Nasdaq’s Listing Qualifications Department stating its share price had fallen below the $1 minimum bid requirement for 30 consecutive business days, granting a 180-calendar-day period until Aug. 3 to achieve a closing price of at least $1 for 10 consecutive trading days.
2. After-Hours Stock Movement
The stock closed at $1.19, down 11.85% in regular trading, then spiked 58.83% in after-hours session to $1.89 following the Nasdaq notice announcement.
3. Expansion Plans
The company intends to acquire three Malaysia-based restaurant groups—Banbudian Bistro (three outlets), Chao Liu Xian Hotpot (13 outlets) and Chicken Claypot House (four franchised outlets)—in H1 2026, and to open a New York City restaurant plus an instant noodle factory in Africa in H2 2026.
4. Trading Metrics and Performance
CCH Holdings carries a $23.13 million market capitalization, trades near the low end of its $0.36–$15.38 52-week range, holds an RSI of 52.46 and has seen its share price decline 73.2% over the past 12 months.