The Kuala Lumpur-based company, which trades under the ticker AGRZ, saw its shares languish below the US$1.00 threshold for 30 consecutive business days. Nasdaq officials also cited deficiencies regarding stockholders' equity and a failure to file the required Form 20-F for the fiscal year ending December 31, 2025. To stay the suspension, Agroz must submit a hearing request to the Nasdaq Hearings Panel by August 25.
In section Releases
Agroz Inc. Faces Nasdaq Delisting, Plans Reverse Stock Split
Agroz Inc. is fighting to maintain its Nasdaq listing after receiving a formal delisting notice on August 18. The agricultural technology firm failed to meet minimum bid price requirements and missed the deadline for filing its 2025 annual report, triggering an immediate regulatory standoff with the exchange.
CEO Gerard Lim stated the company is treating these compliance issues as an immediate priority. The firm has engaged Golden Eagle CPAs LLC to accelerate the overdue audit, targeting a mid-October completion date for its financial filings. Simultaneously, the company is moving to implement a 1-for-10 reverse share split to artificially boost its per-share trading price. While these measures aim to satisfy exchange rules, the company warned that there is no guarantee the panel will grant the necessary extension or that the proposed actions will ultimately satisfy Nasdaq’s continued-listing standards.
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