{"success":true,"data":{"pressRelease":{"id":"74383","rtpr_id":"nGNE4cscKB","ticker":"ORISF","exchange":"OTC","all_tickers":["ORISF"],"title":"Oriental Rise Seeks to Appeal the Nasdaq Delisting Decision Following Denial of Reconsideration Request","author":"Globe Newswire","published_at":"2026-06-26T14:35:29.225Z","article_body":"NINGDE, China, June 26, 2026 (GLOBE NEWSWIRE) -- Oriental Rise Holdings\nLimited (OTC: ORISF) (\"Oriental Rise\" or the \"Company\"), an integrated tea\nsupplier in mainland China, today announced that it has filed a request to\nappeal with the Nasdaq Listing and Hearing Review Council following the Nasdaq\nHearings Panel’s denial of the Company’s request for reconsideration of\nits delisting decision.\n\nAs previously disclosed, on June 22, 2026, the Company received a written\ndecision from the Nasdaq Hearings Panel (the \"Panel\") denying the Company’s\nrequest for continued listing on the Nasdaq Capital Market; the decision\nnoted, among other things, that trading in the Company’s ordinary shares\nwould be suspended at the open of trading on June 24, 2026.\n\nThe Company’s 1-for-4 reverse stock split became effective at the open of\ntrading on June 22, 2026. On that date, the Company’s ordinary shares opened\nat $2.04 per share and closed at $2.42 per share, materially above Nasdaq’s\n$1.00 minimum bid price requirement.\n\nOn the evening of June 22, 2026, the Company submitted an emergency request\nasking the Panel to stay the suspension and reconsider its delisting decision\nin light of the effectiveness of the reverse stock split and the Company’s\npost-split trading performance.\n\nOn June 23, 2026, the Company was advised by Nasdaq staff that the Panel was\nreviewing the Company’s reconsideration request, that the Company would be\nnotified within 15 calendar days, and that the Panel had chosen to stay the\nsuspension while considering the request.\n\nOn June 24, 2026, Nasdaq staff further advised the Company’s counsel that\nthe June 23rd email had inadvertently omitted the word \"not\" and should\ninstead have stated that the Panel had chosen not to stay the suspension.\nTrading in the Company’s ordinary shares on Nasdaq was therefore suspended\nwhile the reconsideration request remained under review.\n\nOn June 25, 2026, the Company was informed that the Panel denied the\nCompany’s request for reconsideration.\n\nOn June 25, 2026, the Company filed a request appeal with the Nasdaq Listing\nand Hearing Review Council pursuant to Nasdaq Listing Rule 5820(a). The\nCompany has requested expedited review, an interim stay of the Panel’s\ndecision and reinstatement of trading on Nasdaq while the Listing Council\nconsiders the appeal.\n\nThe filing of an appeal does not stay the suspension or reinstate trading on\nNasdaq. Unless and until the Listing Council grants interim relief or reverses\nor modifies the Panel’s decision, the Company’s ordinary shares are\nexpected to continue to be quoted in the over-the-counter market under the\nsymbol \"ORISF.\"\n\nThere can be no assurance that the Listing Council will grant an interim stay,\nreinstate trading on Nasdaq, reverse or modify the Panel’s decision, or\notherwise grant the relief requested by the Company.\n\nThe suspension from Nasdaq does not affect the Company’s business\noperations, corporate organization, or obligation to continue complying with\napplicable U.S. Securities and Exchange Commission reporting requirements.\n\nAbout Oriental Rise Holdings Limited\n\nOriental Rise Holdings Limited is an integrated supplier of tea products in\nmainland China. Its major tea products include primarily-processed tea\nconsisting of white tea and black tea, as well as refined white tea and black\ntea. The Company’s business operations are vertically integrated, covering\ntea cultivation, processing of tea leaves, and the sale of tea products to tea\nbusiness operators, such as wholesale distributors, and end-user retail\ncustomers in mainland China. The Company operates tea gardens located in\nZherong County, Ningde City in Fujian Province of mainland China.\n\nForward-Looking Statements\n\nCertain statements in this announcement are forward-looking statements,\nincluding, without limitation, statements regarding the Company’s appeal of\nthe Nasdaq delisting decision, its requests for expedited review, an interim\nstay and reinstatement of trading, the Company’s ability to regain or\nmaintain compliance with Nasdaq’s continued listing requirements, and the\ncontinued quotation of the Company’s ordinary shares in the over-the-counter\nmarket. These forward-looking statements involve known and unknown risks and\nuncertainties and are based on the Company’s current expectations and\nprojections about future events that the Company believes may affect its\nfinancial condition, results of operations, business strategy, and financial\nneeds. Words such as \"believes,\" \"expects,\" \"intends,\" \"plans,\" \"may,\" \"will,\"\n\"could,\" and similar expressions are intended to identify forward-looking\nstatements.\n\nThere can be no assurance that the Company’s appeal will be successful, that\nany interim relief will be granted, or that trading in the Company’s\nordinary shares will resume on Nasdaq. Actual results may differ materially\nfrom those described in the forward-looking statements.\n\nThe Company undertakes no obligation to update or revise any forward-looking\nstatements, except as required by applicable law. Investors are cautioned that\nactual results may differ materially from those described in the\nforward-looking statements.\n\nFor investor and media inquiries, please contact:\n\nOriental Rise Holdings Limited\nInvestor Relations Department\nEmail: ir@mdhtea.cn","article_body_html":"","raw_payload":{"data":{"id":"nGNE4cscKB","title":"Oriental Rise Seeks to Appeal the Nasdaq Delisting Decision Following Denial of Reconsideration Request","author":"Globe Newswire","ticker":"ORISF","created":"2026-06-26T14:35:29.225Z","tickers":["ORISF"],"exchange":"OTC","article_body":"NINGDE, China, June 26, 2026 (GLOBE NEWSWIRE) -- Oriental Rise Holdings\nLimited (OTC: ORISF) (\"Oriental Rise\" or the \"Company\"), an integrated tea\nsupplier in mainland China, today announced that it has filed a request to\nappeal with the Nasdaq Listing and Hearing Review Council following the Nasdaq\nHearings Panel’s denial of the Company’s request for reconsideration of\nits delisting decision.\n\nAs previously disclosed, on June 22, 2026, the Company received a written\ndecision from the Nasdaq Hearings Panel (the \"Panel\") denying the Company’s\nrequest for continued listing on the Nasdaq Capital Market; the decision\nnoted, among other things, that trading in the Company’s ordinary shares\nwould be suspended at the open of trading on June 24, 2026.\n\nThe Company’s 1-for-4 reverse stock split became effective at the open of\ntrading on June 22, 2026. On that date, the Company’s ordinary shares opened\nat $2.04 per share and closed at $2.42 per share, materially above Nasdaq’s\n$1.00 minimum bid price requirement.\n\nOn the evening of June 22, 2026, the Company submitted an emergency request\nasking the Panel to stay the suspension and reconsider its delisting decision\nin light of the effectiveness of the reverse stock split and the Company’s\npost-split trading performance.\n\nOn June 23, 2026, the Company was advised by Nasdaq staff that the Panel was\nreviewing the Company’s reconsideration request, that the Company would be\nnotified within 15 calendar days, and that the Panel had chosen to stay the\nsuspension while considering the request.\n\nOn June 24, 2026, Nasdaq staff further advised the Company’s counsel that\nthe June 23rd email had inadvertently omitted the word \"not\" and should\ninstead have stated that the Panel had chosen not to stay the suspension.\nTrading in the Company’s ordinary shares on Nasdaq was therefore suspended\nwhile the reconsideration request remained under review.\n\nOn June 25, 2026, the Company was informed that the Panel denied the\nCompany’s request for reconsideration.\n\nOn June 25, 2026, the Company filed a request appeal with the Nasdaq Listing\nand Hearing Review Council pursuant to Nasdaq Listing Rule 5820(a). The\nCompany has requested expedited review, an interim stay of the Panel’s\ndecision and reinstatement of trading on Nasdaq while the Listing Council\nconsiders the appeal.\n\nThe filing of an appeal does not stay the suspension or reinstate trading on\nNasdaq. Unless and until the Listing Council grants interim relief or reverses\nor modifies the Panel’s decision, the Company’s ordinary shares are\nexpected to continue to be quoted in the over-the-counter market under the\nsymbol \"ORISF.\"\n\nThere can be no assurance that the Listing Council will grant an interim stay,\nreinstate trading on Nasdaq, reverse or modify the Panel’s decision, or\notherwise grant the relief requested by the Company.\n\nThe suspension from Nasdaq does not affect the Company’s business\noperations, corporate organization, or obligation to continue complying with\napplicable U.S. Securities and Exchange Commission reporting requirements.\n\nAbout Oriental Rise Holdings Limited\n\nOriental Rise Holdings Limited is an integrated supplier of tea products in\nmainland China. Its major tea products include primarily-processed tea\nconsisting of white tea and black tea, as well as refined white tea and black\ntea. The Company’s business operations are vertically integrated, covering\ntea cultivation, processing of tea leaves, and the sale of tea products to tea\nbusiness operators, such as wholesale distributors, and end-user retail\ncustomers in mainland China. The Company operates tea gardens located in\nZherong County, Ningde City in Fujian Province of mainland China.\n\nForward-Looking Statements\n\nCertain statements in this announcement are forward-looking statements,\nincluding, without limitation, statements regarding the Company’s appeal of\nthe Nasdaq delisting decision, its requests for expedited review, an interim\nstay and reinstatement of trading, the Company’s ability to regain or\nmaintain compliance with Nasdaq’s continued listing requirements, and the\ncontinued quotation of the Company’s ordinary shares in the over-the-counter\nmarket. These forward-looking statements involve known and unknown risks and\nuncertainties and are based on the Company’s current expectations and\nprojections about future events that the Company believes may affect its\nfinancial condition, results of operations, business strategy, and financial\nneeds. Words such as \"believes,\" \"expects,\" \"intends,\" \"plans,\" \"may,\" \"will,\"\n\"could,\" and similar expressions are intended to identify forward-looking\nstatements.\n\nThere can be no assurance that the Company’s appeal will be successful, that\nany interim relief will be granted, or that trading in the Company’s\nordinary shares will resume on Nasdaq. Actual results may differ materially\nfrom those described in the forward-looking statements.\n\nThe Company undertakes no obligation to update or revise any forward-looking\nstatements, except as required by applicable law. Investors are cautioned that\nactual results may differ materially from those described in the\nforward-looking statements.\n\nFor investor and media inquiries, please contact:\n\nOriental Rise Holdings Limited\nInvestor Relations Department\nEmail: ir@mdhtea.cn"},"type":"article","timestamp":"2026-06-26T14:35:29.318902729Z","server_sent_at_ms":1782484529318},"received_at":"2026-06-26T14:35:29.369Z","source_url":null},"analysis":{"id":"63744","press_release_id":"74383","analysis_json":{"industry":{"label":"Food Products","sector":"Consumer Staples"},"redFlags":["Trading suspended on Nasdaq","Nasdaq Hearings Panel denied reconsideration request","Shares quoted on OTC market"],"eventType":"regulatory","narrative":"Oriental Rise filed an appeal with the Nasdaq Listing and Hearing Review Council after the Hearings Panel denied its request to reconsider a delisting decision.\n\nThe company completed a 1-for-4 reverse stock split on June 22 to meet the $1.00 minimum bid price, but trading was suspended on June 24 following the Panel's denial.\n\nShares are currently quoted on the OTC market under the symbol ORISF, and the company is seeking an interim stay to restore Nasdaq trading pending the appeal.","sentiment":"bearish","agentHooks":{"shouldPost":true,"suggestedAngle":"Nasdaq trading suspended as delisting appeal proceeds; shares move to OTC."},"keyFigures":{"customDimensions":{"reverse_split_ratio":"1-for-4"}},"quotedText":"","namedEntities":{"people":[],"products":["white tea","black tea"],"companies":[{"name":"Oriental Rise Holdings Limited","ticker":"ORISF"},{"name":"Nasdaq","relationship":"regulatory_body"}],"dollarAmounts":[{"amount":"$1.00","context":"minimum bid price requirement"},{"amount":"$2.04","context":"opening share price post-split"},{"amount":"$2.42","context":"closing share price post-split"}]},"materialImpact":{"score":4,"reasoning":"Nasdaq has suspended trading and denied a request for reconsideration regarding the company's delisting. This significantly impacts liquidity and shareholder value, though an expedited appeal is pending."},"tickerRelevance":{"others":[],"primary":"ORISF"},"globalImportance":15,"audienceRelevance":10,"eventTypeSecondary":[],"importanceComponents":{"tickerTier":"micro-cap","eventGravity":"delisting_appeal","sectorWeight":"consumer_staples"}},"event_type":"regulatory","event_type_secondary":null,"sentiment":"bearish","material_impact_score":4,"narrative":"Oriental Rise filed an appeal with the Nasdaq Listing and Hearing Review Council after the Hearings Panel denied its request to reconsider a delisting decision.\n\nThe company completed a 1-for-4 reverse stock split on June 22 to meet the $1.00 minimum bid price, but trading was suspended on June 24 following the Panel's denial.\n\nShares are currently quoted on the OTC market under the symbol ORISF, and the company is seeking an interim stay to restore Nasdaq trading pending the appeal.","key_figures":{"customDimensions":{"reverse_split_ratio":"1-for-4"}},"named_entities":{"people":[],"products":["white tea","black tea"],"companies":[{"name":"Oriental Rise Holdings Limited","ticker":"ORISF"},{"name":"Nasdaq","relationship":"regulatory_body"}],"dollarAmounts":[{"amount":"$1.00","context":"minimum bid price requirement"},{"amount":"$2.04","context":"opening share price post-split"},{"amount":"$2.42","context":"closing share price post-split"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-26T14:37:28.271Z","global_importance":15,"audience_relevance":10,"importance_components":{"tickerTier":"micro-cap","eventGravity":"delisting_appeal","sectorWeight":"consumer_staples"}},"durationMs":118889,"modelName":"george-droid-qwen-72b"}}