Integrated Media Technology Given 180-Day Compliance Window After $1 Bid Deficiency, Faces Jan. 30 Form 6-K Deadline
Integrated Media Technology received a Nasdaq notice on December 30 for failing to maintain a $1.00 minimum closing bid for 30 consecutive business days, triggering a 180-day compliance period ending June 29, 2026. It received a delisting notice for missing the Q2 Form 6-K, requiring compliance by January 30, 2026.
1. Nasdaq Minimum Bid Price Deficiency Notice
On December 30, 2025 Integrated Media Technology Limited (IMTE) received a notification from Nasdaq’s Listings Qualifications Department indicating that its common stock had closed below the required $1.00 per share threshold for 30 consecutive business days. Under Nasdaq Listing Rule 5550(a)(2) this failure triggers a deficiency notice pursuant to Rule 5810(b), although trading and listing of IMTE shares will continue during the review process.
2. Compliance Period and Potential Remediation Measures
IMTE has been granted a 180-calendar-day compliance period ending June 29, 2026 to restore a minimum closing bid of $1.00 over at least 10 consecutive business days. Should the company achieve this target within the initial period, Nasdaq will issue a written confirmation and the matter will be closed. If IMTE does not meet the requirement by the deadline, it may apply for an additional 180-day extension, provided it satisfies all other Nasdaq Capital Market standards and submits a written plan to cure the deficiency, including the potential implementation of a reverse stock split no later than ten business days before the second period’s expiration.
3. Additional Delisting Determination for Filing Failures
In parallel, IMTE has received a separate delisting determination letter from Nasdaq for failing to file its Form 6-K interim report for the second quarter and previously missing its Form 20-F annual report for the year ended December 31, 2024. The company must demonstrate compliance by January 30, 2026 and has requested a hearing with the Nasdaq Hearings Panel, scheduled for January 9, 2026, to present its case and outline remedial steps.
4. Business Impact and Investor Considerations
IMTE, an Australian-based manufacturer of nano-coated filter plates, electronic glass and trader of Halal products, faces significant pressure on its Nasdaq Capital Market listing status due to both pricing and reporting deficiencies. Investors should monitor the company’s cash position and liquidity as well as any announced capital-raising or corporate restructuring initiatives, including potential reverse splits, that IMTE may employ to regain compliance and maintain access to U.S. markets.