Davis Commodities Limited ( (DTCK) ) has issued an announcement.
On March 19, 2025, Davis Commodities Limited received a notification from Nasdaq indicating that the company no longer meets the minimum bid price requirement of $1 per share, based on the closing bid price from February 3 to March 18, 2025. While this notification does not immediately affect the company’s listing, Davis Commodities has until September 15, 2025, to regain compliance. The company is exploring options to address this issue, including a potential reverse stock split, to maintain its Nasdaq listing status.
More about Davis Commodities Limited
Davis Commodities Limited is a Singapore-based investment holding company with an extensive footprint in the global agricultural commodities market. The company specializes in the trading and distribution of staples such as sugar, rice, and edible oils, with a strong presence across Asia, Africa, and the Middle East. As a Nasdaq-listed entity, Davis Commodities is committed to delivering value through diversification, innovation, and sustainable business practices.
YTD Price Performance: -15.18%
Average Trading Volume: 44,530
Technical Sentiment Consensus Rating: Hold
For detailed information about DTCK stock, go to TipRanks’ Stock Analysis page.