Galaxy Payroll Group Regains Nasdaq Compliance After Share Price Recovery

Galaxy Payroll Group Limited has regained compliance with the minimum bid price requirement for continued listing on The Nasdaq Stock Market, resolving a critical issue that had threatened the company's stock exchange status. The Hong Kong-based payroll provider received formal notification from Nasdaq that it has satisfied Listing Rule 5550(a)(2) after maintaining a closing bid price of $1.00 per share or higher for ten consecutive business days from September 8 through September 19, 2025.

The compliance issue originated on March 17, 2025, when Nasdaq's Listing Qualifications staff notified the company that its ordinary shares had failed to maintain the minimum $1.00 bid price requirement over the previous 30 consecutive business days. This development had placed Galaxy Payroll Group at risk of potential delisting, a scenario that typically triggers significant investor concern and can impact a company's ability to raise capital and maintain market credibility.

Chief Executive Officer Wai Hong Lao expressed satisfaction with the company's rapid resolution of the compliance matter, noting that the achievement came well ahead of Nasdaq's stipulated deadline. "This positive momentum reflects growing confidence in our business strategy and operational execution," Lao stated. "Our focus remains on driving long-term growth and creating sustainable value for our shareholders." The successful compliance restoration suggests that investor sentiment toward the company has improved significantly since the initial notification.

The implications of this development extend beyond mere regulatory compliance. For shareholders and potential investors, the regained compliance status removes the overhang of delisting risk that can depress stock valuations and limit trading activity. Companies facing delisting threats often experience reduced analyst coverage and institutional investor interest, making Galaxy's recovery particularly noteworthy for the payroll outsourcing sector. The company's ability to address the price deficiency ahead of schedule demonstrates management's effectiveness in navigating regulatory challenges and restoring market confidence.

Galaxy Payroll Group operates as a leading payroll outsourcing service provider with operations spanning Hong Kong, Taiwan, Macau, and mainland China. The company serves multinational corporations across various industries, offering comprehensive HR and payroll solutions. Additional information about the company's services and operations is available through their corporate website at https://www.galaxyapac.com.

The payroll outsourcing industry has experienced significant growth in recent years as companies seek to streamline HR operations and comply with increasingly complex international employment regulations. Galaxy's successful navigation of this compliance challenge positions the company to capitalize on industry growth trends without the distraction of exchange listing uncertainties. The resolution also provides valuable insights for other publicly traded companies facing similar regulatory hurdles, demonstrating that proactive management and clear communication can effectively address listing compliance issues.