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Cre8 Enterprise Limited Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency

1. Cre8 Enterprise received a notice for non-compliance with Nasdaq listing rules. 2. The company has 180 days to regain compliance with minimum bid price. 3. Failure to comply may lead to further scrutiny or possible delisting. 4. Cre8 provides comprehensive financial printing services in Hong Kong. 5. Management is evaluating options to address the compliance issue.

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FAQ

Why Bearish?

The company's listing non-compliance could negatively affect investor confidence, similar to historical cases where stocks faced delisting pressures, leading to price drops. For example, companies like China Rapid Finance had significant price declines after facing similar notifications.

How important is it?

The compliance issue directly relates to the integrity of the stock, influencing investor sentiment and market behavior. Non-compliance could limit capital raising capabilities, impacting broader market dynamics.

Why Short Term?

The compliance deadline of 180 days creates immediate concerns for investor confidence; historical instances show swift impacts on stock prices near compliance deadlines.

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October 06, 2025 16:30 ET  | Source: Cre8 Enterprise Limited Hong Kong, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Cre8 Enterprise Limited (Nasdaq: CRE) (“Cre8” or the “Company”), a Hong Kong-based integrated financial printing service provider, today announced that on October 3, 2025, the Company received a notification letter (the “Notice”) from the Listing Qualifications Department of Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that based on the closing bid price of the Class A ordinary shares of the Company (the “Class A Ordinary Shares”) for the last 30 consecutive business days, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share. The Notice has no immediate effect on the listing of the Company’s Class A Ordinary Shares, which will continue to trade on The Nasdaq Capital Market under the symbol “CRE.” The Notice indicated that the Company has 180 days, or until April 1, 2026 (the “Compliance Deadline”), to regain compliance with the Minimum Bid Price Requirement by maintaining the closing bid price of the Class A Ordinary Shares at or above $1.00 per Class A Ordinary Share for at least ten consecutive business days prior to the Compliance Deadline. In the event that the Company does not regain compliance by April 1, 2026, the Company may be eligible for additional time to regain compliance. To qualify, the Company would be required to meet the continued listing requirement for the market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, except for the minimum bid price requirement. In addition, the Company would be required to notify Nasdaq of its intent to cure the deficiency during the second compliance period. If the Company is unable to meet these requirements, Nasdaq may provide notice that the Company’s securities will be subject to delisting. The Company is committed to regaining compliance with Nasdaq’s Listing Rules and maintaining its listing on the Nasdaq Capital Market. Management is evaluating all available options to resolve the deficiency and ensure compliance within the compliance period provided by Nasdaq. About Cre8 Enterprise Limited (NASDAQ: CRE) Cre8 Enterprise Limited provides 24/7 integrated financial printing services for listed companies, IPO applicants and private companies in the finance and capital market in Hong Kong under its brand, “Cre8”. The services cover concept creation and artwork design, typesetting, proofreading, translation, printing, binding, logistics arrangement, uploading or making e-submissions of customers’ financial reports and compliance documents and media placements. In addition to these core services, it has expanded its offerings to include complementary design services such as website design, branding, and content creation for marketing materials. Moreover, it is now providing technological support to its customers by disseminating and publishing announcements, circulars, financial reports, and industry news feeds through a website of its “Cre8IR” brand. Forward-Looking Statements This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company may also make written or oral forward-looking statements in its reports filed with, or furnished to, the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; financial condition and results of operations; product and service demand and acceptance; reputation and brand; the impact of competition and pricing; changes in technology; government regulations; fluctuations in general economic and business conditions in U.S., Hong Kong and China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof. For more information, please contacts: Cre8 Enterprise Limited Email: ir@cre8corp.com

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