Big Tree Cloud Holdings Receives Two Notification Letters From The Nasdaq

Benzinga · 4d ago

Big Tree Cloud Holdings Limited (the "Company") (NASDAQ:DSY) today announced that it recently received two notification letters from The Nasdaq Stock Market LLC ("Nasdaq").

On December 29, 2025, the Company received a notification letter from Nasdaq, based on Nasdaq's review of the Company's Market Value of Listed Securities ("MVLS") for at least 30 consecutive business days from November 13, 2025 to December 26, 2025, the Company's MVLS was below the required minimum of $50,000,000. Pursuant to Nasdaq Listing Rule 5810(c)(3)(C), the Company has been granted a 180-calendar-day compliance period, or until June 29, 2026, to regain compliance with the MVLS requirement. To regain compliance, the Company's MVLS must close at $50,000,000 or more for a minimum of ten consecutive business days during the compliance period. The letter notifies the Company of a deficiency but does not immediately affect its Nasdaq listing status.

On December 31, 2025, the Company received an additional notification letter from Nasdaq, based on Nasdaq's review of the Company's Market Value of Publicly Held Shares ("MVPHS") for at least 30 consecutive business days from November 6, 2025 to December 30, 2025, the Company's MVPHS was below the required minimum of $15,000,000. Pursuant to Nasdaq Listing Rule 5810(c)(3)(D), the Company has been granted a 180-calendar-day compliance period, or until June 29, 2026, to regain compliance with the MVPHS requirement. To regain compliance, the Company's MVPHS must close at $15,000,000 or more for a minimum of ten consecutive business days during the compliance period. The letter notifies the Company of a deficiency but does not immediately affect its Nasdaq listing status.

Both notification letters have no immediate effect on the listing or trading of the Company's ordinary shares. The Company will consider available options during this period to restore compliance with Nasdaq listing requirements. The Company remains committed to executing its long-term business strategy and enhancing shareholder value.

Despite receiving this notification letter, the Company remains confident in the fundamentals of its core business and its position in China's personal care market. While continuously optimizing operations in its traditional paper hygiene products business, the Company is actively embracing innovation to explore new growth pathways. The Company has recently expanded into the field of artificial intelligence by launching an AI creator ecosystem platform, which is designed to address the growing market demand for AI-related skills and provide additional growth momentum for the Company. Management remains focused on operational optimization, strategic execution, and prudent capital allocation, committed to creating sustainable value for shareholders. The combination of robust operations in its traditional business and the growth potential of its new ventures will lay a solid foundation for continued success in the future.