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News  ›  GlobeNewswire Inc.

Energys Group Announces Receipt of Determination Letter from Nasdaq Capital Market

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Energys Group Announces Receipt of Determination Letter from Nasdaq Capital Market

Energys Group Limited (NASDAQ: ENGS), an energy efficiency and decarbonization solutions provider, received a determination letter from Nasdaq on December 30, 2025, indicating that its market value of listed securities fell below the required $35 million threshold for 30 consecutive business days. The company has until June 29, 2026 to regain compliance or face delisting. If the MVLS closes at $35 million or above for 10 consecutive business days during the compliance period, the matter will be closed.

Insights
ENGS   negative

The company received a delisting warning from Nasdaq due to failing to meet minimum market value requirements. This represents a significant regulatory and operational risk, with potential consequences including delisting from the exchange if compliance is not achieved within 180 days. The CEO's statement acknowledges the seriousness of the situation, indicating financial distress.