HONG KONG, Aug. 06, 2024 — mF International Limited (the “Company” or “mF International”) (Nasdaq: MFI), a Hong Kong-based experienced financial trading solution provider, today announced that it received a notification letter (the “Notification Letter”) from Nasdaq on August 1, 2024, informing the Company that it is not meeting the minimum bid price requirement for continued listing on Nasdaq. This press release is being issued as required by Nasdaq Listing Rule 5810(b), which mandates prompt disclosure upon receiving a deficiency notification.

Nasdaq Listing Rule 5550(a)(2) requires listed companies to maintain a minimum bid price of US$1.00 per share, and a failure to meet this requirement for 30 consecutive business days, as per Nasdaq Listing Rule 5810(c)(3)(A), constitutes a deficiency. Based on the closing bid price of the Company’s ordinary shares for the 30 consecutive business days from June 18, 2024 to July 31, 2024, the Company no longer meets the minimum bid price requirement.

The Notification Letter does not immediately impact the Company’s listing on the Nasdaq Capital Market. According to Nasdaq Listing Rule 5810(c)(3)(A), the Company has 180 calendar days, until January 28, 2025, to regain compliance with Nasdaq Listing Rule 5550(a)(2). To achieve this, the Company’s ordinary shares must have a closing bid price of at least US$1.00 for a minimum of 10 consecutive business days. If the Company fails to regain compliance by January 28, 2025, it may be eligible for an extension or face delisting.

The receipt of the Notification Letter does not affect the Company’s business operations. The Company plans to monitor the closing bid prices of its ordinary shares and may, if necessary, consider available options, including, but not limited to, implementing a reverse share split, to regain compliance with the minimum bid price requirement under the Nasdaq Listing Rules.

About mF International Limited

mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong. The Company’s principal Hong Kong subsidiary, m-FINANCE Limited (“mF” or m-FINANCE), is a Hong Kong-based experienced financial trading solution provider primarily engaged in developing and providing financial trading solutions via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. With clients located across mainland China, Hong Kong and Southeast Asia, m-FINANCE provides customers with the mF4 Trading Platform, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. For more information, please visit the Company’s website: .

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

mF International Limited

Investor Relations Department
Email:

Ascent Investor Relations LLC

Tina Xiao
Phone: +1-646-932-7242
Email: