SU Group Wins US$2.4 Million Follow-on Award, Expanding Landmark Smart-Hospital Project to US$13.7 Million

SU Group Holdings Limited (NASDAQ: SUGP) stock surged 50.63% on August 21, 2026, following Nasdaq compliance confirmation and a strategic partnership in the security services sector. The company reported $192.4M in revenue, with a price-to-sales ratio of 0.26 and price-to-book of 0.58. SUGP's stock has seen significant volatility, trading between $1.98 and $4.85 recently, driven by investor optimism and momentum trading.

SU Group Holdings (NASDAQ:SUGP) said Nasdaq issued a delisting determination after its Class A shares traded below $1.00 for 30 straight business days from June 18, 2026 to July 31, 2026. The company plans to appeal via a Nasdaq Hearings Panel, requesting a hearing to suspend a trading halt and Form 25 filing. It also approved a one-for-five consolidation expected Wednesday.

SU Group Holdings Limited (Nasdaq: SUGP) said Nasdaq issued a delisting determination Aug. 3, 2026 because its Class A shares closed below $1.00 for 30 straight business days (June 18 to July 31, 2026). The company plans to request a Nasdaq Hearings Panel, which would stay trading suspension and Form 25. It also approved a 1-for-5 reverse split effective Aug. 6, 2026 to regain compliance.

SU Group Holdings (Nasdaq: SUGP) said its board, with warrant-holder approval, adjusted the exercise price of certain outstanding warrants issued May 13, 2026, from $5.50 to $0.87 per ordinary share, effective June 17, 2026. The company cited current financial needs and market conditions. Net proceeds, if any, would go to working capital and strategic uses.

SU Group Holdings Limited (SUGP) shares nearly doubled Tuesday after the company said it signed a distributorship agreement with Germany-based GEZE. According to SU Group, it will distribute GEZE’s door, window and safety technologies, including automatic door systems, access control, smoke and heat extraction, and building automation. On Nasdaq, SUGP traded at $1.7345, up 96.77% from the prior close.

SU Group Holdings (Nasdaq: SUGP) said it was awarded the supply and installation of an AI-enabled Under Vehicle Surveillance System (UVSS) for the new Huanggang Port, a Hong Kong–Shenzhen border crossing opening July 1. The port is designed for about 200,000–300,000 passenger trips and 15,000 vehicles daily, targeting clearance time of about 5 minutes. SU Group will install six UVSS units across six lanes/locations.