Kandal M Venture Limited filed a Form 6-K on November 5, 2026, disclosing that it received formal notification from Nasdaq on October 30, 2026, confirming the company had regained compliance with the Nasdaq minimum bid price listing requirement.

Key Highlights

  • Compliance regained: Nasdaq notified the company on October 30, 2026, that it had satisfied the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
  • Qualifying period: The company's Class A Ordinary Shares closed at $1.00 per share or greater for 10 consecutive business days, from October 16, 2026 to October 29, 2026.
  • Original deficiency notice: Nasdaq first notified the company of non-compliance on December 22, 2025, citing closing bid prices below $1.00 from November 6, 2025 to December 19, 2025.
  • Extended deadline: Nasdaq had granted a second 180-calendar-day compliance period, extending the deadline to December 21, 2026, before the matter was resolved.
  • Matter closed: According to the filing, "this matter is now closed."

Kandal M Venture's Path Back to Nasdaq Bid Price Compliance

According to the Form 6-K filed with the U.S. Securities and Exchange Commission, Kandal M Venture Limited (Commission File Number 001-42715) reported that it has resolved a Nasdaq minimum bid price deficiency that originated in late 2025. The company disclosed that Nasdaq's Listing Qualifications staff initially sent a deficiency letter on December 22, 2025, noting that the closing bid price of the company's shares had fallen below the required $1.00 minimum during the period from November 6, 2025 to December 19, 2025, in violation of Nasdaq Listing Rule 5550(a)(2).

The filing states that Nasdaq first provided an initial 180-calendar-day compliance period, and subsequently granted an additional 180-calendar-day extension, moving the final deadline to December 21, 2026. The company disclosed that on October 30, 2026, it received formal notification from Nasdaq confirming that compliance had been regained. Nasdaq based its determination on the closing bid price of the company's Class A Ordinary Shares meeting or exceeding $1.00 per share for 10 consecutive business days, specifically from October 16, 2026 through October 29, 2026.

The report was signed by Duncan Miao, Chairman of the Board of Directors, on November 5, 2026, on behalf of Kandal M Venture Limited, a foreign private issuer headquartered in Kandal Province, Kingdom of Cambodia, that files annual reports under Form 20-F.

What Was Disclosed

Kandal M Venture Limited disclosed, via a Form 6-K dated November 5, 2026, that Nasdaq confirmed the company has regained compliance with the minimum bid price listing rule and that the compliance matter is now closed.