Hong Kong, Oct. 31, 2025 — Global Engine Group Holding Limited (the “Company”), an integrated information communication technologies (“ICT”) solutions provider based in Hong Kong, announced today that it received a notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”), dated October 27, 2025. The Notice states that the Company is currently non-compliant with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”), which requires a minimum bid price of $1 per share for continued listing on The Nasdaq Capital Market.
Under Nasdaq Listing Rule 5810(c)(3)(A), a company fails to meet the minimum bid price requirement if the deficiency persists for 30 consecutive business days. The Company’s Class A ordinary shares (the “Shares”) have not met this requirement, based on their closing bid price over the last 30 consecutive business days.
The Notice grants the Company a 180-calendar-day period, ending on April 27, 2026 (the “Compliance Period”), to regain compliance with the Minimum Bid Price Rule. To achieve this, the closing bid price of the Company’s Shares must reach at least $1.00 per share for a minimum of 10 consecutive business days at any point before the Compliance Period expires.
This Notice does not immediately affect the listing of the Company’s Shares, which will continue to trade on the Nasdaq Capital Market under the ticker symbol “GLE.”
The Company is actively monitoring the closing bid price of its Shares and exploring various options to regain compliance with the Minimum Bid Price Rule, potentially including a reverse stock split if deemed necessary. However, there is no guarantee that the Company will successfully regain or maintain compliance with the Minimum Bid Price Rule.
About Global Engine Group Holding Limited
Global Engine Group Holding Limited operates through wholly-owned subsidiaries in Hong Kong, functioning as an integrated solutions provider. Its services encompass: (i) ICT solution services, including cloud platform deployment, IT system design and configuration, maintenance, data center colocation, and cloud services; (ii) technical services, such as development, support, and outsourcing for data center and cloud computing infrastructure, mobile and fixed network communications, and IoT projects; and (iii) project management services, designed to enhance productivity, improve collaboration, and ensure successful implementation and adoption of solutions for customers, ultimately driving business outcomes and innovation. The Company primarily serves: (i) small to medium-sized telecom operators and ICT service providers expanding in Hong Kong and the Southeast Asian market; (ii) data center and cloud computing service providers; and (iii) Internet-of-things (“IoT”) solutions providers. For more information, please visit: ; .
Forward-Looking Statements
This press release contains forward-looking statements. These statements encompass plans, objectives, goals, strategies, future events or performance, underlying assumptions, and other statements that are not historical facts. The Company uses words like “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that are not solely historical indicators of forward-looking statements. Such statements do not guarantee future performance and are subject to risks and uncertainties that could cause actual results to differ significantly from the Company’s expectations expressed in these forward-looking statements. These forward-looking statements involve uncertainties and risks including, but not limited to, those related to market conditions and other factors detailed in the “Risk Factors” section of the registration statement filed with the SEC. Consequently, investors are cautioned against placing undue reliance on any forward-looking statements in this press release. Additional factors are discussed in the Company’s SEC filings, available for review at . The Company disclaims any obligation to publicly update or revise these forward-looking statements to reflect events or circumstances occurring after the date hereof.
For more information, please contact:
Investor Relations
WFS Investor Relations Inc.
Janice Wang, Managing Partner
Email:
Phone: +1 628 283 9214
