HONG KONG, March 12, 2025 — Santech Holdings Limited (NASDAQ: STEC) (“Santech” or the “Company”) today announced that it has received confirmation from The Nasdaq Stock Market LLC (“NASDAQ”) that it is once again compliant with NASDAQ’s minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ has indicated that the matter is now closed.
About Santech Holdings Limited
Santech Holdings Limited (NASDAQ: STEC) operates as a technology company focused on consumers. Historically, the Company catered to a substantial number of high net-worth individuals in China, providing financial services and health management, and built a significant customer base. Having divested its legacy financial services businesses, the Company is now actively pursuing innovative technology opportunities, including new retail, social e-commerce, and the metaverse. Additional details are available at https://ir.santechholdings.com.
Safe Harbor Statement
This press release includes “forward-looking” statements as defined in the U.S. Private Securities Litigation Reform Act of 1995’s “safe harbor” provisions. These statements are identifiable by words such as “anticipate,” “estimate,” “forecast,” “plan,” “project,” “potential,” “continue,” “ongoing,” “expect,” “aim,” “believe,” “intend,” “may,” “should,” “will,” “is/are likely to,” “could,” and similar expressions. Forward-looking statements encompass statements that are not historical facts, including those regarding the Company’s beliefs, plans, and expectations, and are subject to inherent risks and uncertainties. Further information about these and other risks can be found in the Company’s filings with the SEC. The information presented in this press release is current as of its date, and the Company assumes no obligation to update any forward-looking statement, except as required by law.
Investor Contact:
Santech Holdings Limited
Email: ir@santechholdings.com
