Research analysts covering Everbright Digital Holding.
Recent press releases and 8-K filings for EDHL.
Everbright Digital Holding Ltd. Announces Reverse Share Split
EDHL
Delisting/Listing Issues
Proxy Vote Outcomes
- Everbright Digital Holding Limited (EDHL) announced a 1-for-16 reverse share split.
- The company's ordinary shares will begin trading on a post-split basis on the Nasdaq Stock Market on February 9, 2026.
- As a result, the number of issued and outstanding ordinary shares will be reduced from 26,660,000 to approximately 1,666,250.
- The reverse share split is primarily intended to increase the market price per share to allow the company to maintain its Nasdaq listing.
1 day ago
Everbright Digital Holding Limited Reports H1 2025 Financial Results
EDHL
Earnings
New Projects/Investments
Demand Weakening
- Everbright Digital Holding Limited reported a 50.3% decrease in revenue to $710,988 for the six months ended June 30, 2025, compared to $1,431,662 for the same period in 2024. This resulted in a net loss of $724,727 (or $0.03 loss per share) for H1 2025, a significant shift from a net profit of $396,161 (or $0.16 earnings per share) in H1 2024.
- The revenue decline was primarily driven by a 100% decrease in 3D and Augmented Reality solutions revenue due to global economic uncertainty and high development costs, while total solutions revenue increased by 54.4% to $648,658.
- The company incurred $667,691 in selling and marketing expenses in H1 2025 for market expansion and rebranding, a new expense compared to the prior period. Administrative expenses decreased by 24.4% to $289,140, though professional fees rose significantly due to Nasdaq listing compliance.
- Everbright Digital Holding Limited completed an initial public offering (IPO) in April 2025, raising $6,000,000 from the sale of 1,500,000 ordinary shares at $4 per share, with an additional $640,000 from an over-allotment option in May 2025.
- Cash and cash equivalents decreased to $15,633 as of June 30, 2025, from $389,651 at the beginning of the period, primarily due to $2,926,855 in net cash used in investing activities (including a deposit for intangible assets) and $1,420,501 in net cash used in operating activities.
Dec 31, 2025, 9:05 PM
Everbright Digital Holding Limited Receives Nasdaq Minimum Bid Price Deficiency Notification
EDHL
Delisting/Listing Issues
- On August 25, 2025, Everbright Digital Holding Limited (EDHL) received a notification from Nasdaq stating that its ordinary shares were below the $1.00 minimum bid price requirement for 30 consecutive business days.
- The company has a 180-calendar-day compliance period, until February 23, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for 10 consecutive business days.
- This notification does not result in immediate delisting, and EDHL's shares will continue to trade under the symbol "EDHL". The company's business operations are not affected.
Aug 29, 2025, 8:30 PM
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