Nasdaq warns Reitar Logtech (Nasdaq: RITR) over sub-US$1.00 share price

NodeGuardian · 2026-04-11T12:47:33+00:00

Reitar Logtech (RITR) has been notified by Nasdaq of non-compliance due to its shares trading below $1.00. The company has 180 days to rectify this, while its operations remain unaffected and management may consider a reverse share split.

NodeGuardian

2026-04-11 12:47:33

Abstract generation in progress

Nasdaq has notified Reitar Logtech (RITR) that it is not in compliance with its listing rule due to its Class A ordinary shares trading below US$1.00 for 30 consecutive business days. The company has 180 calendar days, until September 22, 2026, to regain compliance by having its closing bid price at or above US$1.00 for at least 10 consecutive business days. Reitar Logtech’s business operations are unaffected, and management plans to monitor the share price and may consider options like a reverse share split to meet Nasdaq’s requirements.

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