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DigiAsia Faces Nasdaq Delisting Risk Over MVLS Non-Compliance

Story Highlights

DigiAsia ( (FAAS) ) just unveiled an update.

On April 22, 2025, DigiAsia Corp. received a notification from Nasdaq indicating that the company no longer meets the minimum Market Value of Listed Securities requirement of $35 million, as per Nasdaq Listing Rules 5550(b)(2), for the period from March 10 to April 21, 2025. Nasdaq has granted DigiAsia a 180-day compliance period until October 20, 2025, to meet this requirement, failing which the company may face delisting. DigiAsia is currently exploring options to regain compliance, although there is no assurance of success.

More about DigiAsia

DigiAsia Corp. operates in the technology sector, focusing on digital services and solutions. The company is based in Singapore and is involved in providing innovative digital products to enhance connectivity and efficiency in various markets.

YTD Price Performance: -76.41%

Average Trading Volume: 421,668

Technical Sentiment Signal: Buy

Current Market Cap: $13.19M

Find detailed analytics on FAAS stock on TipRanks’ Stock Analysis page.

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