NEW YORK, July 27, 2026 (GLOBE NEWSWIRE) -- Blue Gold Limited (Nasdaq: BGL) (Nasdaq: BGLWW) ('Blue Gold” or the 'Company”), a gold mining company with the infrastructure to deliver gold from mine-to-wallet, today announced that the Company received a notification letter (the 'Notification Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market LLC ('Nasdaq”), notifying the Company that it is currently not in compliance with the minimum Market Value of Publicly Held Shares ('MVPHS') requirement set forth under Nasdaq Listing Rule 5550(b)(2).
- Blue Gold Limited received a notification from Nasdaq for failing to meet the minimum Market Value of Publicly Held Shares (MVPHS) requirement.
- The company has 180 days to regain compliance, with potential delisting if unsuccessful, but operations are not affected.
- Blue Gold, a gold mining company with infrastructure for mine-to-wallet gold delivery, plans to monitor its MVPHS and explore options to comply, including potentially transferring its listing.
Topics: Asset types, Institutional adoption, Legal regulatory, Alternative assets, Banking depository pilots, Securities law classification
Tags: #bluegold #nasdaq #minimummarketvalue #publiclyheldshares #compliance #delisting #goldmining #minetowallet #tokenizedgold