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    SEC Form 6-K filed by Samfine Creation Holdings Group Limited

    3/26/25 8:00:24 AM ET
    $SFHG
    Publishing
    Consumer Discretionary
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    6-K 1 ea0235718-6k_samfine.htm REPORT OF FOREIGN PRIVATE ISSUER

     

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 6-K

     

    REPORT OF FOREIGN PRIVATE ISSUER

    PURSUANT TO RULE 13a-16 OR 15d-16

    UNDER THE SECURITIES EXCHANGE ACT OF 1934

     

    For the month of March, 2025

     

    Commission File Number: 001-42299

     

    SAMFINE CREATION HOLDINGS GROUP LIMITED

     

    (Registrant’s Name)

     

    Flat B, 8/F, Block 4
    Kwun Tong Industrial Centre
    436-446 Kwun Tong Road
    Kwun Tong, Kowloon

    Hong Kong

    (Address of Principal Executive Offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

     

    Form 20-F ☒     Form 40-F ☐

     

     

     

     

     

    Nasdaq Minimum Bid Price Deficiency Letter

     

    On March 25, 2025, Samfine Creation Holdings Group Limited (the “Company”) received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from February 6, 2025 to March 20, 2025, 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.

     

    Nasdaq has provided the Company with an 180 calendar days compliance period, or until September 22, 2025, in which to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

     

    The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.

     

    On March 26, 2025, the Company issued a press release discussing the receipt of the deficiency letter, which is filed as exhibit 99.1 to this Form 6-K.

     

    Exhibit Index

     

    Exhibit
    Number
      Description
         
    99.1   Press Release dated March 26, 2025

     

    1

     

     

    SIGNATURES

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

      Samfine Creation Holdings Group Limited
         
    Date: March 26, 2025 By: /s/ Wing Wah Cheng, Wayne
      Name:   Wing Wah Cheng, Wayne
      Title: Chairman of the Board, Executive Director and
    Chief Executive Officer

     

    2

     

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