Galaxy Payroll Group Limited (NASDAQ: GLXG) (the 'Company') announced that, on March 17, 2025, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market ('Nasdaq') notifying the Company that based on the closing bid price of the Company for the period from January 31, 2025 to March 14, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.
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Galaxy Payroll Group Limited (NASDAQ: GLXG, "GLXG","Galaxy Group") and Euler Number Limited ("ENL") have signed a strategic Memorandum of Understanding (MOU) to collaborate on enhancing HR and payroll solutions with the power of AI and Big Data technologies.
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