INNEOVA HOLDINGS LIMITED ANNOUNCES RECEIPT OF NASDAQ NOTIFICATION LETTER CONCERNING MINIMUM PRICE DEFICIENCY
SINGAPORE, Dec. 11, 2025 — INNEOVA Holdings Limited (“INNEOVA” or the “Company”) (Nasdaq: INEO), a leading Singapore-based provider of high-quality Original Equipment Manufacturer, third-party branded, and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, along with system lifecycle analysis and engineering services for infrastructure and mobility platforms, today announced it has received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) dated December 8, 2025. The letter informs the Company that, based on its closing bid price over the period from October 24, 2025, to December 5, 2025, it no longer meets Nasdaq’s continued listing requirement under Nasdaq Listing Rule 5550(a)(2), which mandates maintaining a minimum bid price of $1 per share.
Under Nasdaq Listing Rule 5810(c)(3)(A), the Company has a 180-calendar-day compliance period, ending on June 8, 2026, to regain compliance with Nasdaq’s continued listing requirement. If the Company fails to regain compliance within this period, it may be eligible for an additional 180 calendar days, provided it meets the continued listing requirement for the market value of publicly held shares and all other initial listing standards of The Nasdaq Capital Market (excluding the bid price requirement), and can submit written notice of its intent to resolve the deficiency during the second compliance period—potentially through a reverse stock split if necessary. However, if it appears the Company cannot resolve the deficiency or is otherwise ineligible, Nasdaq will notify that the Company’s securities may be subject to delisting.
The Nasdaq notification letter does not result in the immediate delisting of the Company’s ordinary shares, which will continue to trade uninterrupted under the symbol “INNEOVA.”
The Company is currently evaluating options to regain compliance and intends to do so within the required timeframe. While it will use all reasonable efforts to meet Rule 5550(a)(2), there is no assurance it will succeed in regaining compliance with this rule or other Nasdaq continued listing requirements.
About INNEOVA Holdings Limited
INNEOVA Holdings Limited (Nasdaq: INEO, “INNEOVA Holdings”) is a leading Singapore-based provider of high-quality Original Equipment Manufacturer (“OEM”), third-party branded, and in-house branded replacement parts for motor vehicles and non-vehicle combustion engines, as well as system lifecycle analysis and engineering services for infrastructure and mobility platforms.
INNEOVA Automotive Division: We offer a broad range of genuine OEM and aftermarket parts for passenger vehicles, trucks, and buses, including components from manufacturers’ brands, trusted third-party labels, and our in-house brands.
INNEOVA Industrial Division: Serving industries such as construction, marine, power generation, mining, and transportation, we provide specialized spare parts focused on filtration systems, lubricants, batteries, and internal combustion engine components.
INNEOVA Engineering Division: We deliver system lifecycle analysis and engineering services for infrastructure and mobility platforms to develop innovative, sustainable solutions that maximize uptime and optimize total cost of ownership for our customers. Driven by uptime, delivered through expertise.
Our unwavering commitment to quality ensures customers experience maximum uptime, enhanced performance, and reduced total cost of ownership throughout the lifecycle of their machines. For more information, visit .
Safe Harbor Statement
Statements in this press release regarding future expectations, plans, and prospects, as well as any other non-historical statements, may constitute “forward-looking statements” under the Private Securities Litigation Reform Act of 1995. These include but are not limited to statements about expected trading commencement and closing dates. Terms such as “anticipate,” “believe,” “seeks,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would,” and similar expressions are intended to identify forward-looking statements, though not all forward-looking statements contain these terms. Actual results may differ materially from those projected in these forward-looking statements due to various key factors, including uncertainties related to market conditions, the completion of the public offering on anticipated terms (or at all), and other factors discussed in the “Risk Factors” section of the preliminary prospectus filed with the SEC. Any forward-looking statements in this press release speak only as of the date hereof, and INNEOVA Holdings Limited specifically disclaims any obligation to update them, whether due to new information, future events, or otherwise, except as required by law.
Contact:
INNEOVA Holdings Limited Contact:
Ivy Lee
Chief Financial Officer
Telephone +65 6383 7540
