Sadot Group regains Nasdaq compliance and announces board resignation

Sadot Group Inc. (NASDAQ:SDOT), a small-cap company with a market capitalization of $8.19 million, reported two corporate developments on Friday, according to a statement based on a recent SEC filing. InvestingPro analysis shows the company currently maintains a FAIR financial health rating despite challenging market conditions.

Na Yeon Hannah Oh resigned from the company’s board of directors and its Sustainability Committee, effective immediately as of Friday. The company stated that Ms. Oh’s resignation was due to her professional commitments and not the result of any disagreement with Sadot Group regarding its operations, policies, or practices.

Also on Friday, Sadot Group received notice from the Nasdaq Listing Qualifications Hearings Department confirming that the company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). As a result, Sadot Group is now in compliance with the continued listing requirements for the Nasdaq Capital Market. The company’s previously scheduled hearing before the Nasdaq Hearings Panel, set for October 21, has been canceled. Sadot Group’s common stock will continue to be listed and traded on The Nasdaq Stock Market.

These updates were disclosed in a press release statement and detailed in the company’s recent SEC Form 8-K filing.

In other recent news, Sadot Group Inc. reported a significant 34% decline in revenue for Q2 2025, bringing in $114.4 million compared to the previous year. Despite this decrease, the company managed to maintain a positive net income of $400,000 and improved its gross profit margin by 100 basis points. Additionally, Sadot Group announced a strategic move to exit the restaurant business by signing a letter of intent to sell its Pokemoto and Muscle Maker Grill chains for $4.25 million. The deal includes a $100,000 deposit and $2.5 million in cash at closing, with the remaining $1.75 million to be paid over 72 months as secured notes. These recent developments indicate a strategic pivot for Sadot Group as it adjusts its business focus.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.