New York, May 22, 2026, 18:04 (EDT)
- CL Workshop Group’s ADSs on Nasdaq finished the session at $0.8627, gaining 3.94%. Shares stayed under the $1.00 minimum bid.
- The company’s deadline to get back into compliance with Nasdaq rules is November 2, 2026.
- U.S. stocks start trading again Tuesday following the Memorial Day holiday.
CL Workshop Group Limited’s U.S.-listed shares climbed Friday, but the advance wasn’t enough to get the Macau timber and wood-products company back above the Nasdaq’s $1 minimum. The ADSs ended the session at $0.8627, up 3.94%. Volume was about 15,600 shares. The stock is still below the threshold as a long U.S. market weekend begins.
Matter now is that CL Workshop said this month that Nasdaq told the company its ADSs were under $1.00 for 30 consecutive business days, from March 24 through May 5. That means the stock is not in line with the exchange’s minimum bid rule.
The notice isn’t an instant delisting. The company said it has until November 2 to get back in line by having its ADSs close at $1.00 or above for a minimum of 10 straight business days, per its Form 6-K filing.
Nasdaq is set to close Monday, May 25, for Memorial Day. The exchange said its regular trading hours are 9:30 a.m. to 4:00 p.m. Eastern and after-hours trade goes to 8:00 p.m. Friday traded on a normal U.S. equity schedule.
No new statements came out from the company on Friday. The latest update on CL Workshop’s investor-relations page is still the May 8 notice from Nasdaq on bid price. Before that, December’s interim results are listed.
CL Workshop’s stock is back near the $1 mark, and traders are paying less attention to the recent rally. Volume has been light, which tends to push micro-cap names like this around. Market data put the company’s value at around $14 million.
CL Workshop, the company that used to be called Nature Wood Group Limited, calls itself a global forestry company. It produces logs, decking, flooring and sawn timber. The company sells these products through an international network.
CL Workshop reported a tough first half, as revenue dropped 24.8% to roughly $8.9 million in its unaudited numbers for the six months to June 30, 2025. The company blamed lower demand and pricing in home building and renovation, hit by the China property slide and U.S.-China tariffs.
U.S. shares finished higher Friday. The Nasdaq Composite added 0.19% and the S&P 500 posted another weekly gain, helped by improving earnings and news from the Middle East. “Earnings season looked really good,” James St. Aubin, chief investment officer at Ocean Park Asset Management, told Reuters. Reuters
CL Workshop doesn’t get a wide peer read because it’s small, but the end-market issues show up at bigger wood product companies too. Weyerhaeuser makes and sells structural lumber, OSB, and engineered wood. West Fraser also sells lumber and engineered wood for home builds, repairs, and remodeling.
Lowe’s this week kept its forecast steady. The company said the U.S. housing market is still slow and cost issues remain, though business from professional customers is helping balance out weaker demand in other areas. Those markets are still bumpy.
The risk is direct. CL Workshop could be forced to do a reverse share split or change the ADS ratio if it can’t keep its ADSs above $1 for long enough. The company flagged both options as ways to fix the deficiency. A reverse split boosts the stock price by cutting the share count, but does not fix the business itself.
Looking at the week, Tuesday’s open brings attention to the $1 mark again. The stock needs more than just a bounce—it needs steady buyers to settle the Nasdaq listing problem. One light session won’t fix it, even if trading perks up.
