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Masonglory Limited Announces Receipt of Nasdaq Notification Letter Regarding Minimum Bid Price Deficiency

Hong Kong, March 17, 2026 (GLOBE NEWSWIRE) -- Masonglory Limited (the “Company” or “Masonglory”) (NASDAQ: MSGY), a Hong Kong based subcontractor providing wet trades and related ancillary services to private and public sectors, announces that it received a notification letter from The Nasdaq Stock Market LLC (“Nasdaq”) dated March 13, 2026, notifying the Company that it is not in compliance with the requirement to maintain a minimum closing bid price of $1 per share, as set forth in Nasdaq Listing Rule 5550(a)(2), because the closing bid price of the Company's ordinary shares was below $1 per share for the last 30 consecutive business days (i.e. from January 28, 2026 to March 11, 2026). The Nasdaq Letter is only a notification of deficiency. It does not result in the immediate delisting and has no current effect on the listing or trading of the Company's ordinary shares on the Nasdaq Capital Market at this time.

Masonglory Limited Announces Closing of the Underwriter's Over-Allotment Option in Connection with its Initial Public Offering

Hong Kong, July 24, 2025 (GLOBE NEWSWIRE) -- Masonglory Limited (the “Company” or “MSGY”), a Hong Kong based subcontractor providing wet trades and related ancillary services to private and public sectors, today announced that it closed the sale of an additional 225,000 ordinary shares of the Company, pursuant to the full exercise of the underwriter's over-allotment option granted in connection with the Company's initial public offering (“IPO”, together with such over-allotment closing, the “Offering”), at the IPO price of $4.00 per share, less underwriting discounts. As a result, the Company has raised gross proceeds of $900,000 in addition to the previously announced IPO gross proceeds of $6,000,000, before deducting underwriting discounts and offering expenses.