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Starbox Faces Nasdaq Delisting Notice, Plans Appeal

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Starbox Faces Nasdaq Delisting Notice, Plans Appeal

Starbox Group Holdings Ltd. ( (STBX) ) just unveiled an announcement.

On March 11, 2025, Starbox Group Holdings Ltd. announced it received a staff determination notice from Nasdaq, indicating non-compliance with the minimum bid price requirement for continued listing. The company’s shares are set to be suspended from Nasdaq on March 18, 2025, unless an appeal is made. Despite the notice, Starbox’s operations remain unaffected, and the company plans to appeal the decision to Nasdaq’s Hearings Panel, which will delay the suspension pending the panel’s decision.

More about Starbox Group Holdings Ltd.

Starbox Group Holdings Ltd., headquartered in Malaysia, is a technology-driven company focusing on providing comprehensive technology solutions in Southeast Asia. The company operates a business ecosystem that offers cash rebates, advertising, and payment solutions, particularly targeting micro, small, and medium enterprises. It connects retail merchants with shoppers through its GETBATS platform and provides digital advertising services through its SEEBATS and GETBATS platforms.

YTD Price Performance: -98.03%

Average Trading Volume: 598,381

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $2.58M

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
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