Hong Kong, June 24, 2025 — Garden Stage Limited (NASDAQ: GSIW) (“GSIW” or the “Company”), announced today that it received notification from Nasdaq on June 23, 2025, confirming the company’s compliance with Nasdaq Listing Rule 5550(a)(2) regarding the minimum closing bid price.

Previously, on December 24, 2024, the company received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement, as its ordinary shares’ closing bid price was below $1.00 for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) mandates a minimum bid price of $1.00 per share, and Rule 5810(c)(3)(A) specifies that a deficiency exists if this persists for 30 consecutive business days. The initial notice granted the company 180 days, until June 23, 2025, to regain compliance, which was achieved on that date.

About Garden Stage Limited

GSIW, through its operating subsidiaries, is a Hong Kong-based financial services provider specializing in: (i) placing and underwriting services; (ii) securities dealing and brokerage services; (iii) asset management services; and (iv) investment advisory services. Operations are conducted via wholly-owned subsidiaries: a) I Win Securities Limited, licensed for Type 1 (dealing in securities) regulated activities in Hong Kong under the SFO, and b) I Win Asset Management Limited, licensed for Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong. I Win Securities Limited is a Stock Exchange Participant with a Stock Exchange Trading Right and a participant of the HKSCC.

Safe Harbor Statement

This announcement contains forward-looking statements protected by the U.S. Private Securities Litigation Reform Act of 1995’s safe harbor provisions. These statements can be identified by terms like “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” and similar expressions. The Company may also make such statements in SEC filings, annual reports, press releases, written materials, and verbal statements. Forward-looking statements, which are not historical facts, including statements about the Company’s beliefs and expectations, involve inherent risks and uncertainties. Numerous factors could cause actual results to differ materially. Further information on these risks is available in the Company’s SEC filings. All information is current as of the press release date, and the Company does not undertake to update it, except as legally required.

For more information, please contact:

Garden Stage Limited
Chan Sze Ho
Chief Executive Officer
Email:
Tel: (852) 2688 6333