Hong Kong, China, March 09, 2026 — New Century Logistics (BVI) Limited (referred to hereafter as “New Century” or the “Company”), a NASDAQ-listed firm, declared that it has once again met the minimum bid price criteria necessary for maintaining its listing on The Nasdaq Stock Market LLC (“Nasdaq”).
On August 12, 2025, the Company was notified in writing by Nasdaq’s Listing Qualifications department that its common stock had not sustained the required $1.00 minimum bid price for the preceding 30 consecutive trading days, as mandated by Nasdaq’s Listing Rules.
Subsequently, the Company implemented proactive steps to resolve this matter and has successfully achieved compliance. Notably, for 12 straight trading days from November 14, 2025, through December 2, 2025, the closing bid price of the Company’s common stock remained at or above $1.00 per share. Consequently, Nasdaq officially informed the Company on December 3, 2025, that it had restored compliance with Listing Rule 5550(a)(2), bringing this issue to a close.
About New Century Logistics (BVI) Limited
New Century operates as a global freight forwarding enterprise and logistics solutions provider. Its clientele comprises direct shippers along with other freight forwarders. The Company supports clients with import and export operations, primarily encompassing shipment coordination following receipt of booking directives from customers. This includes cargo space sales, freight collection, off-airport air cargo security screening, palletizing, shipping document preparation, customs clearance facilitation, and port cargo management. The Company’s freight forwarding operations mainly derive revenue from air freight export consignments destined for North America, Europe, and Asia.
CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS
This announcement includes “forward-looking statements.” Such statements can be recognized as non-historical in nature, especially those employing terms like “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes,” or variations and comparable expressions. Readers are advised against placing undue reliance on these forward-looking statements. New Century’s actual outcomes may differ significantly from its forward-looking projections. These statements reflect the Company’s current expectations and forecasts regarding future developments, based on presently available data. By presenting this information, the Company cautions readers that these statements are exposed to recognized and unrecognized risks, uncertainties, and other variables that could cause actual results, operational levels, performance, or accomplishments to diverge substantially from those indicated or suggested. A comprehensive overview of the Company’s risk factors is provided in its registration statement, Annual Information Form, and other continuous disclosure documents accessible via EDGAR. While the Company has endeavored to pinpoint key variables that might cause actual results to deviate from forward-looking information, additional unanticipated factors may exist. The Company has formulated certain assumptions underlying these forward-looking statements. Although management considers these assumptions and factors reasonable, no warranty can be provided that such information will prove correct, since actual outcomes and future circumstances may vary considerably. Forward-looking statements in this release, along with other periodic communications, may not materialize, and actual events could differ markedly, subject to various risks and assumptions detailed in New Century’s SEC-filed prospectus. The Company assumes no obligation to revise any forward-looking statement based on subsequent information or developments, except as legally mandated under U.S. securities regulations.
Contact:
New Century Logistics (BVI) Ltd
A-E 33/F King Palace Plaza
55 King Yip Street
Kwun Tong Hong Kong
