Founder Group receives Nasdaq notice over publicly held shares deficiency

* Founder Group (FGL [https://seekingalpha.com/symbol/FGL]) on Friday said that it received a notification from The Nasdaq Stock Market that it no longer meets the minimum 500,000 publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4) for the exchange.
* The company said the notice has no immediate effect on the listing or trading of its Class A ordinary shares.
* Founder Group has until April 3, 2026, to submit a plan to regain and sustain compliance with Nasdaq’s continued listing requirements.

* FGL +0.09% after hours to $10.28.
* Source: Press Release [https://seekingalpha.com/pr/20407950-founder-group-limited-receives-nasdaq-notification-regarding-minimum-publicly-held-shares]

MORE ON FOUNDER GROUP LIMITED

* Seeking Alpha’s Quant Rating on Founder Group Limited [https://seekingalpha.com/symbol/FGL/ratings/quant-ratings]
* Financial information for Founder Group Limited [https://seekingalpha.com/symbol/FGL/income-statement]