High-Trend International Regains Nasdaq Compliance

SINGAPORE, Aug. 25, 2025 /CNBC/ — High-Trend International Group (NASDAQ: HTCO), a player in the global ocean technology sector, announced today that it has received confirmation from the Nasdaq Stock Market that it is back in compliance with the exchange’s minimum bid price requirement.

The news comes after a period of volatility for HTCO. As previously reported on June 30, 2025, the company was initially notified on June 27, 2025, of non-compliance with Nasdaq Listing Rule 5550(a)(2) – a rule triggered when a company’s share price dips below $1.00 for more than 30 consecutive trading days. Nasdaq, in accordance with Rule 5810(c)(3)(A), granted High-Trend International a 180-day grace period, lasting until December 24, 2025, to rectify the situation.

Now, in a positive turn for investors, Nasdaq has officially acknowledged that HTCO’s share price has consistently been at or above the required $1.00 threshold for the past 10 consecutive business days, spanning August 8, 2025, to August 21, 2025. This confirmation effectively puts the compliance matter to rest, allowing High-Trend to focus on its operations within the burgeoning ocean technology market.

Forward-Looking Statements

This current report on Form 6-K contains “forward-looking statements” within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The forward-looking statements can be also identified by terminology such as “may,” “might,” “could,” “will,” “aims,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements.

These forward-looking statements are based on our current assumptions, expectations and beliefs and involve substantial risks and uncertainties that may cause results, performance or achievement to materially differ from those expressed or implied by these forward-looking statements. These statements are not guarantees of future performance and are subject to a number of risks. The reader should not place undue reliance on these forward-looking statements, as there can be no assurances that the plans, initiatives or expectations upon which they are based will occur. A detailed discussion of factors that could cause or contribute to such differences and other risks that affect our business is included in filings we make with the Commission from time to time, including our most recent report on Form 20-F, particularly under the heading “Risk Factors”.