Golden Sun Faces Nasdaq 42-Cent Deadline as Traders Watch
Golden Sun Technology Group Ltd shares ticked up about 2.3% to $0.418 in indications ahead of Friday's U.S. regular session, but that's well short of the $1 needed for Nasdaq's minimum bid rule. The last GSUN trade was recorded at 00:15 UTC, 8:15 p.m. Thursday in New York, which was in extended hours, not the regular session. Timing is important since the next regular trading day puts Golden Sun up against Nasdaq’s price rule again. The company needs to get its stock above the required level or risk a bigger listing problem. Nasdaq’s 2026 schedule had the market closed for Memorial Day on Monday, May 25, but there was no holiday on Friday, May 29.