Business Context and Reporting Period
This Form 8-K is filed by Fingermotion, Inc. (Nasdaq: FNGR), a Delaware corporation with principal executive offices in Singapore. The report covers events occurring on June 30, 2026, specifically regarding the company's continued listing status on The Nasdaq Capital Market.
Key Financial Metrics
The filing does not provide specific financial statements, revenue, profit, cash flow, margin, debt, or liquidity figures. The only quantitative metric disclosed is the stock price performance triggering the regulatory notice:
- Stock Price Deficiency: The closing bid price for common stock has been below $1.00 per share for the last 30 consecutive business days.
Material Changes
The primary material event is the receipt of a Deficiency Letter from the Nasdaq Listing Qualifications Department. This notice indicates a failure to satisfy the Minimum Bid Price Requirement (Nasdaq Listing Rule 5550(a)(2)). There is no immediate effect on the listing, and trading continues under the symbol "FNGR."
Outlook, Risks, and Management Commentary
Compliance Timeline: The company has been granted an initial 180-day compliance period ending on December 28, 2026, to regain compliance.
Path to Compliance:
- The stock must close at $1.00 or more for 10 consecutive business days.
- The company may implement a reverse stock split, which must be completed at least 10 business days prior to the Compliance Date.
Risks and Contingencies:
- If compliance is not met by December 28, 2026, the company may be eligible for a second 180-day period, contingent on meeting other initial listing standards (e.g., market value of publicly held shares).
- Failure to regain compliance during any period may result in delisting.
- The company may appeal a delisting determination to a Hearings Panel, though success is not assured.
- Management states there is no assurance that the company will be able to regain compliance.
Investor Verification Checklist
- Verify the current closing bid price of FNGR to assess proximity to the $1.00 threshold.
- Monitor for announcements regarding a potential reverse stock split before the December 28, 2026 deadline.
- Review the company's market value of publicly held shares to determine eligibility for a second compliance period if the first is missed.
- Check for any subsequent 8-K filings regarding the status of the deficiency or delisting appeals.