Highway Holdings gets second 180-day Nasdaq extension through March 2027

  • Highway Holdings received a second Nasdaq extension to cure its minimum bid-price deficiency.
  • Shares must close at least US$1.00 for 10 consecutive business days by March 15, 2027.
  • HIHO shares will continue trading on Nasdaq while the company pursues compliance.

Highway Holdings Limited received a second 180 calendar day period from Nasdaq to regain compliance with the exchange's minimum bid price requirement. The period runs through March 15, 2027, allowing the company's common shares to continue trading on Nasdaq under the ticker HIHO without interruption. To regain compliance, the shares must record a closing bid price of at least US$1.00 for at least 10 consecutive business days by the deadline. Nasdaq said Highway Holdings meets the market value of publicly held shares standard and all other applicable Nasdaq Capital Market initial listing requirements, except the bid price requirement. The company said it intends to cure the deficiency during the second compliance period and, if necessary, through a reverse stock split, while warning that compliance and continued listing are not assured.

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