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Recent Updates — PSIG

August 14, 2026View Source ↗

PS International Group Ltd. received a Nasdaq deficiency letter on August 12, 2026, for failing to maintain the minimum Market Value of Listed Securities (MVLS) of US$35 million required for continued listing. The company also failed alternative standards requiring stockholders’ equity of at least US$2.5 million or net income from continuing operations of US$500,000. Nasdaq granted a 180-day compliance period ending February 8, 2027, during which the MVLS must close above US$35 million for ten consecutive business days to regain compliance. Failure to meet this threshold will result in formal delisting notification, subject to appeal. Shares continue trading under symbol PSIG. PS International Group Ltd. operates as a global logistics and supply chain solution provider specializing in air and ocean freight forwarding.

July 22, 2026View Source ↗

PS International Group Ltd. has issued a notice for an extraordinary general meeting of shareholders to be held on August 18, 2026. The meeting will consider proposals to adopt a third amended and restated memorandum and articles of association and to significantly increase the company's authorized share capital. The proposed change would increase authorized capital from US$50,000, divided into 62,500,000 shares, to US$8,000,000, divided into 10,000,000,000 shares. Shareholders of record as of July 28, 2026, are entitled to vote. The company is a Cayman Islands exempted company.