Founder Group gets Nasdaq notice for falling below 500,000 publicly held shares requirement
FGL•Nasdaq deficiency notice for public float requirement
Founder Group received a Nasdaq notice for failing to meet the 500,000 minimum publicly held shares requirement under Listing Rule 5550(a)(4).
The deficiency notice does not immediately affect trading of its Class A ordinary shares on the Nasdaq Capital Market.
Nasdaq set a Nov. 2, 2026 deadline to submit a compliance plan to restore and sustain listing standards.
