- Creative Global Technology Holdings Limited (CGTL) reported **revenues of $12.2 million** for the six months ended March 31, 2025, marking a **40.4% decrease** from the prior year, primarily attributed to **weaker market demand and reduced customer orders**.  **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:0]** **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:1]** 
- The company posted a **net loss of $15.3 million**, or **$0.714 loss per basic and diluted share**, for the six months ended March 31, 2025, a significant decline from a net income of $1.5 million in the comparable period of 2024.  **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:0]** 
- This net loss was substantially influenced by **$15,776,500 in share-based compensation** recognized during the six months ended March 31, 2025, compared to $0 in the prior year.  **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:0]** **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:2]** 
- As of March 31, 2025, **cash and cash equivalents stood at $0.2 million**, a **50.2% decrease** from September 30, 2024, despite the company closing its **initial public offering (IPO) on November 26, 2024**, which generated approximately **$4.6 million in net proceeds**.  **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:0]** **[1967822_0001213900-25-093158_ea025561301ex99-1_creative.htm:4]**

Creative Global Technology Holdings Limited Announces Fiscal 2025 First Half Financial Results

- Creative Global Technology Holdings Limited (CGTL) received a **Nasdaq notification letter** on **September 10, 2025**, stating non-compliance with the minimum bid price requirement.  **[1967822_0001213900-25-087107_ea0257158-6k_creative.htm:0]** **[1967822_0001213900-25-087107_ea025715801ex99-1_creative.htm:0]** 
- The deficiency arose because the closing bid price of the company's Class A ordinary shares was **below $1.00 for 30 consecutive business days**, from **July 28, 2025, to September 9, 2025**.  **[1967822_0001213900-25-087107_ea0257158-6k_creative.htm:0]** **[1967822_0001213900-25-087107_ea025715801ex99-1_creative.htm:0]** 
- The company has a **180-calendar-day compliance period**, until **March 9, 2026**, to regain compliance by achieving a closing bid price of at least **$1.00 for a minimum of 10 consecutive business days**.  **[1967822_0001213900-25-087107_ea0257158-6k_creative.htm:0]** **[1967822_0001213900-25-087107_ea025715801ex99-1_creative.htm:0]** 
- This notification **does not result in immediate delisting**, and CGTL shares will continue to trade uninterrupted.  **[1967822_0001213900-25-087107_ea0257158-6k_creative.htm:0]** **[1967822_0001213900-25-087107_ea025715801ex99-1_creative.htm:0]** 
- If compliance is not met by March 9, 2026, the company may be eligible for an additional grace period, potentially requiring a **reverse stock split** to cure the deficiency.  **[1967822_0001213900-25-087107_ea0257158-6k_creative.htm:0]** **[1967822_0001213900-25-087107_ea025715801ex99-1_creative.htm:0]**

Creative Global Technology Holdings (CGTL)