Operating as a holding company, Eastern International Ltd. is headquartered in the Cayman Islands. Its business activities are primarily conducted through its fully-owned subsidiary, Suzhou TC-Link Logistics Co., Ltd., which delivers a range of professional logistics solutions. These services, spanning both domestic and international operations, include specialized project logistics and general freight management for customers located within China.
Eastern International Ltd. Announces Receipt of Nasdaq Notification Regarding Minimum Bid Price Deficiency
Eastern International (NASDAQ: ELOG) received a Nasdaq letter on September 10, 2026, notifying the company that its ordinary shares closed below $1.00 for 30 consecutive trading days, breaching the exchange's minimum bid price rule (Marketplace Rule 5550(a)(2)).
The notification has no immediate delisting effect: the company has 180 calendar days, until March 9, 2027, to regain compliance by closing at $1.00 or higher for at least 10 consecutive business days.
If ELOG fails within that window, it may qualify for a second 180-day period — which would likely require a reverse stock split — or face a Nasdaq notice that its securities will be delisted.