GrowHub misses Nasdaq equity threshold by $200K, must submit plan by July
TGHL•THE GROWHUB LIMITED reported equity of $2,299,129 as of December 31, 2025, falling $200,871 below the $2.5 million Nasdaq minimum listing requirement. Nasdaq has given the company until July 10, 2026 to submit a compliance plan with a possible 180-day extension, which GrowHub intends to pursue.
1. Nasdaq Equity Deficiency Notice
GrowHub received a notification letter dated May 26, 2026 stating its reported equity of $2,299,129 in the Form 20-F for the period ended December 31, 2025 falls short of the $2.5 million minimum required under Nasdaq Listing Rule 5550(b)(1). The notification does not affect the current listing of the company’s securities.
2. Compliance Deadline and Extension Options
Nasdaq has granted GrowHub a 45-day window, until July 10, 2026, to submit a plan to regain compliance. If the plan is approved, the company may receive an extension of up to 180 calendar days from the notification date to demonstrate restored equity.
3. Company Response and Next Steps
GrowHub is actively developing a compliance plan aimed at boosting its equity position, which may include capital raises or asset restructuring. The company intends to file its detailed plan with Nasdaq within the required timeframe to avoid potential delisting risks.
