SU Group plans 1-for-5 share consolidation effective Aug. 6 - SUGP News | RalliesSU Group plans 1-for-5 share consolidation effective Aug. 6
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SUGP• Share consolidation and Nasdaq delisting notice
- SU Group plans a 1-for-5 share consolidation effective about Aug. 6, 2026 to lift its Nasdaq bid price above $1.
- Nasdaq issued a delisting determination after the stock closed below $1 for 30 straight sessions from June 18, 2026 to July 31, 2026.
- The company is ineligible for a standard grace period due to a prior 1-for-10 reverse split completed Aug. 25, 2025.
- A timely hearing request would keep the shares trading during the appeal; regaining compliance could avert a panel hearing.
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