Announcement • Jun 28
Oriental Rise Holdings Limited Provides Update Regarding Nasdaq Delisting Decision Oriental Rise Holdings Limited provided an update regarding the decision of the Nasdaq Hearings Panel (the "Panel") to delist the Company's ordinary shares from The Nasdaq Capital Market. Following the May 19, 2026 oral hearing before the Nasdaq Listing Qualification Panel where the Company outlined its plan of compliance with the $1.00 per share minimum bid price deficiency, on June 22, 2026, the company received a written decision from the Panel denying the Company's request for continued listing and providing that trading in the Company's ordinary shares would be suspended at the open of trading on June 24, 2026. Prior to the issuance of the Panels decision, the Company's previously announced 1-for-4 reverse stock split became effective at the open of trading on June 22, 2026. On that day, the Company's ordinary shares opened at $2.04 per share and closed at $2.42 per share, materially above Nasdaq's $1.00 minimum bid price requirement. On June 23, 2026, the Company's counsel received an email from Nasdaq stating that the Panel was reviewing the Company's request for reconsideration, that the Company would be notified within 15 calendar days, and that the Panel had chosen to stay the suspension while considering the request. On June 24, 2026, Nasdaq advised the Company's counsel that its prior email had inadvertently omitted the word "not" and should instead have stated that the Panel, in fact, had chosen not to stay the suspension. Accordingly, trading in the Company's ordinary shares on Nasdaq was suspended, while the Panel continued to
consider the Company's request for reconsideration, which consideration is ongoing, to the best of the company's knowledge. The Company believes that the effectiveness of the reverse stock split and the resulting post-split trading price, among other factors, are material developments relevant to the Panels assessment of the company's ability to regain and maintain compliance with Nasdaq Listing Rule 5550(a)(2). The Company will continue to pursue its request for reconsideration. If the Panel does not reconsider its decision, the Company currently intends to request that the Nasdaq Listing and Hearing Review Council review the Panels decision. There can be no assurance that the Panel will grant reconsideration, that any appeal will be successful, or that the company's ordinary shares will resume trading on Nasdaq. Unless and until the Panel reverses or modifies its decision, or the Company is successful in a subsequent appeal, the Company expects that its ordinary shares will be quoted in the over-the-counter market. Shareholders should consult their brokers regarding the availability of quotations and trading under the company's OTC trading symbol, ORISF. The suspension from Nasdaq does not affect the company's business operations, corporate organization, or obligation to continue complying with applicable U.S. Securities and Exchange Commission reporting requirements. Announcement • Jun 25
Oriental Rise Holdings Limited(OTCPK:ORIS.F) dropped from NASDAQ Composite Index Oriental Rise Holdings Limited has been dropped from the NASDAQ Composite Index. Valuation Update With 7 Day Price Move • Jun 23
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to US$1.83, the stock trades at a trailing P/E ratio of 3.4x. Average trailing P/E is 16x in the Food industry in the US. Total loss to shareholders of 98% over the past year. 
