J-Long Group Limited Announces Receipt of NASDAQ Determination Letter
Delisting Notice from Nasdaq: J-Long Group Limited received a Determination Letter from Nasdaq indicating that its shares have not regained compliance with the minimum bid price requirement and are subject to delisting, effective November 27, 2024, unless an appeal is filed by November 25, 2024.
Company's Response and Compliance Plan: The company plans to appeal the delisting decision and is considering a reverse stock split as part of its strategy to regain compliance with Nasdaq listing standards.
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J-Long Group Reports 19.3% Revenue Growth in H1 2025
- Significant Revenue Growth: J-Long Group reported revenue of approximately $22.7 million for H1 2025, reflecting a robust 19.3% increase from the same period in 2024, indicating strong customer demand and market vitality, thereby enhancing the company's competitive position.
- Substantial Adjusted EBITDA Increase: The adjusted EBITDA for H1 2025 reached approximately $3.9 million, marking a 40.3% year-over-year growth, which highlights the company's success in cost control and operational efficiency, further solidifying its financial health.
- Increase in Management Expenses: Selling, general, and administrative expenses surged by 59.5% to approximately $4.6 million, primarily due to share-based awards granted to five members, which, while increasing short-term costs, aids in attracting and retaining key talent to support long-term growth.
- Strong Cash Flow and Liquidity: As of September 30, 2025, the company held cash of $11.36 million with a current assets to current liabilities ratio of 2.8, demonstrating robust liquidity and financial stability, providing ample funding for future investments.
J-Long Group Ltd trading resumes
Trading Update: J-Long Group Ltd has resumed trading after a period of volatility and compliance issues with Nasdaq, including plans for a reverse stock split.
Investment Insights: TipRanks offers tools for investors to follow top Wall Street analysts and build personalized portfolios based on data-driven insights.
J-Long Group Ltd trading halted, volatility trading pause
Trading Activity: J-Long Group Ltd experienced a trading halt due to volatility, but has since resumed trading and regained Nasdaq compliance.
Corporate Actions: The company is planning a reverse stock split as part of its strategy to maintain compliance with Nasdaq requirements.
J-Long Group Ltd trading halted, news pending
Trading Halt: J-Long Group (JL) Ltd has had its trading halted pending news updates.
Stock Consolidation Plans: The company is planning a reverse stock split and has announced multiple share consolidation ratios to comply with Nasdaq requirements.
J-Long Group Limited Announces Effective Time of Share Consolidation/Reverse Stock Split to Regain NASDAQ Compliance
Share Consolidation Announcement: J-Long Group Limited will implement a 1-for-10 reverse stock split effective December 9, 2024, to comply with Nasdaq's minimum bid price requirement of $1.00 per share.
Impact on Shares: Following the consolidation, the total number of authorized shares will decrease from 30 million to 3 million, and adjustments will be made to outstanding stock options and warrants accordingly.
J-Long Group Limited Announces A Delay In the Record Date And Effective Time for the Share Consolidation/Reverse Stock Split Previously Announced
Share Consolidation Announcement: J-Long Group Limited has announced a delay in the record date for its proposed 1-for-10 reverse stock split of Ordinary Shares until it receives approval from Nasdaq, aiming to increase the share price for continued listing.
Impact on Share Structure: Following the reverse stock split, the total number of authorized shares will decrease from 30 million to 3 million, and adjustments will be made to outstanding stock options and warrants accordingly.
J-Long Group Reports 19.3% Revenue Growth in H1 2025
- Significant Revenue Growth: J-Long Group reported revenue of approximately $22.7 million for H1 2025, reflecting a robust 19.3% increase from the same period in 2024, indicating strong customer demand and market vitality, thereby enhancing the company's competitive position.
- Substantial Adjusted EBITDA Increase: The adjusted EBITDA for H1 2025 reached approximately $3.9 million, marking a 40.3% year-over-year growth, which highlights the company's success in cost control and operational efficiency, further solidifying its financial health.
- Increase in Management Expenses: Selling, general, and administrative expenses surged by 59.5% to approximately $4.6 million, primarily due to share-based awards granted to five members, which, while increasing short-term costs, aids in attracting and retaining key talent to support long-term growth.
- Strong Cash Flow and Liquidity: As of September 30, 2025, the company held cash of $11.36 million with a current assets to current liabilities ratio of 2.8, demonstrating robust liquidity and financial stability, providing ample funding for future investments.
J-Long Group Ltd trading resumes
Trading Update: J-Long Group Ltd has resumed trading after a period of volatility and compliance issues with Nasdaq, including plans for a reverse stock split.
Investment Insights: TipRanks offers tools for investors to follow top Wall Street analysts and build personalized portfolios based on data-driven insights.
J-Long Group Ltd trading halted, volatility trading pause
Trading Activity: J-Long Group Ltd experienced a trading halt due to volatility, but has since resumed trading and regained Nasdaq compliance.
Corporate Actions: The company is planning a reverse stock split as part of its strategy to maintain compliance with Nasdaq requirements.
J-Long Group Ltd trading halted, news pending
Trading Halt: J-Long Group (JL) Ltd has had its trading halted pending news updates.
Stock Consolidation Plans: The company is planning a reverse stock split and has announced multiple share consolidation ratios to comply with Nasdaq requirements.
J-Long Group Limited Announces Effective Time of Share Consolidation/Reverse Stock Split to Regain NASDAQ Compliance
Share Consolidation Announcement: J-Long Group Limited will implement a 1-for-10 reverse stock split effective December 9, 2024, to comply with Nasdaq's minimum bid price requirement of $1.00 per share.
Impact on Shares: Following the consolidation, the total number of authorized shares will decrease from 30 million to 3 million, and adjustments will be made to outstanding stock options and warrants accordingly.
J-Long Group Limited Announces A Delay In the Record Date And Effective Time for the Share Consolidation/Reverse Stock Split Previously Announced
Share Consolidation Announcement: J-Long Group Limited has announced a delay in the record date for its proposed 1-for-10 reverse stock split of Ordinary Shares until it receives approval from Nasdaq, aiming to increase the share price for continued listing.
Impact on Share Structure: Following the reverse stock split, the total number of authorized shares will decrease from 30 million to 3 million, and adjustments will be made to outstanding stock options and warrants accordingly.
