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Aureus Greenway Holdings Inc., a company engaged in membership sports and recreation clubs, has regained compliance with Nasdaq’s continued listing requirements, according to a recent 8-K filing. On May 16, 2025, the company received a letter from Nasdaq confirming that it now meets the minimum stockholders’ equity requirement after previously being notified of non-compliance.
The initial notification, dated April 23, 2025, indicated that Aureus Greenway Holdings did not meet the minimum $2.5 million stockholders’ equity, $35 million market value of listed securities, or $500,000 of net income from continuing operations required for continued listing on The Nasdaq Capital Market. However, the company’s Quarterly Report on Form 10-Q filed on May 15, 2025, demonstrated stockholders’ equity of $11,247,542, which resolved the issue and closed the deficiency matter. The stock has faced significant challenges, with InvestingPro data showing an 85% decline over the past six months, currently trading at $0.61.
The 8-K filing also contained standard forward-looking statements, cautioning that actual results could differ from expectations and that there can be no assurance the company will maintain compliance with Nasdaq listing rules in the future.
The company’s common stock, with a par value of $0.001, is traded under the symbol AGH on The Nasdaq Stock Market LLC. Aureus Greenway Holdings is also designated as an emerging growth company, which provides certain exemptions from reporting requirements.
This update is based on information from the company’s SEC filing.
In other recent news, Aureus Greenway Holdings Inc. has received a notice from The Nasdaq Stock Market LLC regarding its failure to meet the required continued listing standards. The company currently falls short of the minimum stockholders’ equity of $2.5 million, a market value of listed securities of $35 million, or net income from continuing operations of $500,000. This notice serves as a notification of deficiency and does not immediately affect the listing or trading of the company’s securities. Aureus Greenway Holdings has until October 20, 2025, to address the issue and regain compliance. The company has expressed its intention to closely monitor its market value and explore options to meet Nasdaq’s Listing Rules. Management remains focused on resolving the compliance issue and is considering necessary steps to fulfill the requirements. However, there is no guarantee that the company will regain compliance within the allotted timeframe. The risk of delisting remains if the situation is not rectified. This development was disclosed in a recent SEC filing by Aureus Greenway Holdings.
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