6-K
SAMFINE CREATION HOLDINGS GROUP Ltd (SFHG)
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 CREATIONHOLDINGS GROUP LIMITED
(Registrant’sName)
Flat B, 8/F, Block 4Kwun Tong Industrial Centre436-446 Kwun Tong RoadKwun 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 180calendar 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 calendardays, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listingstandards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of itsintention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if itappears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide noticethat the Company’s securities will be subject to delisting.
The Company is currently evaluating optionsto regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company willuse all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regaincompliance 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<br><br><br> 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 <br><br>Chief Executive Officer |
2
EXHIBIT 99.1
Samfine Creation Holdings Group Limited AnnouncesReceipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency
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 180calendar 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 calendardays, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listingstandards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of itsintention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if itappears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide noticethat the Company’s securities will be subject to delisting.
The Company is currently evaluating optionsto regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company willuse all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regaincompliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement.
Forward-Looking Statements
Certain statements in this announcementare forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based onthe Company’s current expectations and projections bout futureevents that the Company believes may affect its financial condition, results of operations, business strategy and financial needs.Investors can find many (but not all) of these statements by the use of words such as “may”,“will”, “expect”, “anticipate”, “aim”, “estimate”, “intend”, “plan”, “believe”, “likelyto” or other similar expressions. The Company undertakes noobligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, orchanges in its expectations, except as may be required by law. Although the Company believes that the expectations expressed inthese forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and theCompany cautions investors that actual results may differ materially from the anticipated results and encourages investors to reviewother factors that may affect its future results in the Company's registration statement and other filings with the SEC.
For investor and media inquiries, please contact:
Samfine Creation Holdings Group Limited
Investor Relations Department
Email: info@sfhgus.com