Eastern International Faces Nasdaq Listing Warning
News related to:Eastern International Ltd · 1 min read
HANGZHOU, China, Sept. 11, 2026 /CourierPR/ -- Eastern International Ltd., a provider of domestic and cross-border professional logistics and construction services, has received a notification from the Nasdaq Stock Market regarding a deficiency in its stock price. On September 10, 2026, the company was informed that its ordinary shares had traded below the $1.00 minimum bid price for 30 consecutive trading days, thereby failing to meet the Nasdaq Marketplace Rule 5550(a)(2) requirement.
The notification does not immediately affect the listing status of Eastern International's shares. The company has 180 calendar days, until March 9, 2027, to regain compliance with the $1.00 minimum bid price requirement. If the company's share price closes at or above $1.00 for at least 10 consecutive business days during this period, Nasdaq will confirm that the company has regained compliance. If the company fails to meet the requirement by the end of the first compliance period, it may be granted an additional 180-day period to regain compliance, provided it meets other listing standards and provides written notice of its intention to cure the deficiency.
Eastern International intends to actively monitor the bid price of its shares and explore all available options to resolve the deficiency and regain compliance. The company operates through its wholly owned subsidiaries, Suzhou TC-Link Logistics Co., Ltd., and Hangzhou TC-Link Logistics Supply Chain Management Co., Ltd., providing services in project logistics, general logistics, and new energy infrastructure construction. Its network covers key cities in mainland China, Hong Kong, Southeast Asia, and Central Asia.
The company's ordinary shares are listed on the Nasdaq Capital Market under the ticker symbol ELOG. Eastern International Ltd. is a holding company incorporated in the Cayman Islands.