Intelligent Living Application Group Inc. Secures Nasdaq Bid Price Extension
NEW YORK, July 24, 2025 – Intelligent Living Application Group Inc. (NASDAQ: ILAG), a company focused on smart home solutions, announced today that it has received an extension from the Nasdaq Stock Market to regain compliance with the minimum bid price requirement for continued listing on the exchange.
The Nasdaq listing rules generally require listed securities to maintain a minimum bid price of $1.00 per share. Companies that fall below this threshold are typically afforded a compliance period to rectify the situation. Intelligent Living Application Group Inc. has been granted an additional period, the specific details of which are in accordance with Nasdaq’s standard procedures for such extensions.
This extension provides Intelligent Living Application Group Inc. with valuable time to implement strategies aimed at increasing its share price and meeting the Nasdaq’s continued listing standards. The company has stated its commitment to working diligently towards this goal.
While the company has not disclosed specific operational or strategic initiatives planned to address the bid price, it is common for companies in such situations to explore various avenues, including but not limited to, potential business developments, investor relations activities, or even share consolidation measures, depending on the board’s strategic direction.
Intelligent Living Application Group Inc. remains focused on its core business operations and the development of its smart home technology and services. The company expressed its gratitude to Nasdaq for the extension and its continued support. Investors will be closely monitoring the company’s progress in the coming months.
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