(SeaPRwire) – HONG KONG, March 23, 2026 — Garden Stage Limited (NASDAQ: GSIW) (“Garden Stage” or the “Company”) announced today that it received a notification letter (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) on March 20, 2026, which confirms the Company has regained compliance with the Nasdaq Capital Market’s minimum bid price requirement, and the related matter is now officially closed.
Back on September 5, 2025, Nasdaq first notified the Company that it had failed to maintain a minimum closing bid price of at least $1.00 per share for 30 consecutive trading days, as required under Nasdaq Listing Rule 5550(a)(2). The Company was granted 180 calendar days, through March 4, 2026, to bring itself back into compliance. On March 5, 2026, Nasdaq approved an additional 180-day extension for the Company, pushing the deadline to regain compliance out to September 1, 2026. On March 6, 2026, the Company completed a share consolidation, under which all of the Company’s authorized, issued and outstanding Class A ordinary shares were consolidated at a 200-for-1 ratio.
The Notice confirms that as of March 20, 2026, the closing bid price of the Company’s Class A ordinary shares had stayed at or above $1.00 per share across the full period from March 6, 2026 through March 19, 2026. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2), and Nasdaq considers the matter closed.
About Garden Stage Limited
Garden Stage Limited is a holding company incorporated in the Cayman Islands, and all of its operations are conducted by its two wholly-owned operating subsidiaries based in Hong Kong: a) I Win Securities Limited, which is licensed to carry out Type 1 (dealing in securities) regulated activities under the Securities and Futures Ordinance (the “SFO”) in Hong Kong; and b) I Win Asset Management Limited, which holds a license to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong. I Win Securities Limited is an approved Stock Exchange Participant of the Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”) and holds a valid trading right on the Hong Kong Stock Exchange. I Win Securities Limited is also a registered participant of the Hong Kong Securities Clearing Company Limited.
For more information, please contact:
Garden Stage Limited
Investor Relations Department
Email: ir@iwinsec.com
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