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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16
OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of September 2025
Commission File Number: 001-41804
DAVIS COMMODITIES LIMITED
(Registrant’s Name)
10 Bukit Batok Crescent, #10-01, The Spire
Singapore 658079
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
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INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K
On September 16, 2025, Davis Commodities Limited (the “Company”) received a notification from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) stating that the Company will be afforded an additional 180 calendar day period (or until March 16, 2026) to regain compliance with Nasdaq’s minimum bid price requirement.
As previously disclosed, on March 19, 2025, the Company received a notice from Nasdaq stating that, for the 30 consecutive business days ending March 18, 2025, the closing bid price for the Company’s ordinary shares had been below the minimum of $1.00 per share required for continued inclusion on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). The notification letter stated that the Company would be afforded an initial 180-day period to regain compliance with the minimum bid price requirement. The notification letter also stated that in the event the Company did not regain compliance within the initial 180-day period, the Company could be eligible for additional time.
The Company did not regain compliance with the minimum bid price requirement during the initial 180-day period. However, Nasdaq determined that the Company was eligible for the additional 180-day period within which to regain compliance. In order to regain compliance, the bid price for shares of the Company’s ordinary shares must close at $1.00 per share or more for a minimum of ten consecutive business days. The Company intends to cure the deficiency during the additional 180-day period by effecting a reverse stock split, if necessary.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Davis Commodities Limited | ||
| By: | /s/ Li Peng Leck | |
| Name: | Li Peng Leck | |
| Title: | Executive Chairperson and Executive Director (Principal Executive Officer) | |
Date: September 18, 2025
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EXHIBIT INDEX
| Exhibit No. | Exhibit | |
| 99.1 | Press release |
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Exhibit 99.1
Press Release
Davis Commodities Limited Granted Additional 180-Day Period to Regain Nasdaq Compliance
Singapore, September 18, 2025 – Davis Commodities Limited (Nasdaq: DTCK), a leading global agricultural commodities company, announced today that it has received notification from the Nasdaq Listing Qualifications Department granting the company an additional 180-calendar-day compliance period to regain compliance with the Nasdaq Stock Market’s $1.00 minimum bid price per share requirement.
The notification follows Nasdaq’s initial notice on March 19, 2025, which stated that Davis Commodities’ stock had failed to meet the minimum bid price requirement over a period of 30 consecutive business days. The initial compliance period expired on September 15, 2025.
According to the letter issued by Nasdaq, Davis Commodities is eligible for the extended compliance period until March 16, 2026, as the company continues to meet all other applicable listing requirements for the Nasdaq Capital Market, except for the bid price rule. The company has informed Nasdaq of its intention to cure the deficiency, including the potential implementation of a reverse stock split if necessary.
To regain compliance, Davis Commodities’ stock must achieve a minimum closing bid price of $1.00 per share for at least 10 consecutive business days during the additional compliance period. Nasdaq has discretion to require the bid price to be maintained for a longer period, up to 20 days, depending on factors such as trading volume, margin of compliance, and market sentiment.
If Davis Commodities fails to regain compliance by March 16, 2026, Nasdaq will issue a formal notification of delisting. In such a scenario, the company may appeal the determination to a Nasdaq Hearings Panel. Historically, Nasdaq panels have favored definitive compliance plans, such as reverse stock splits, to address bid price deficiencies.
Commitment to Compliance and Transparency
Davis Commodities emphasized its commitment to maintaining its Nasdaq listing and is actively exploring all available options to address the deficiency. The company’s management will continue to monitor the stock price closely and remains confident in its operational and financial strategies to support long-term shareholder value.
In accordance with Nasdaq regulations, a public indicator of non-compliance will continue to be displayed alongside the company’s stock information on Nasdaq platforms, including Nasdaq.com and NasdaqTrader.com, as well as third-party market data providers.
About Davis Commodities Limited
Based in Singapore, Davis Commodities Limited is an agricultural commodity trading company that specializes in trading sugar, rice, and oil and fat products in various markets, including Asia, Africa and the Middle East. The Company sources, markets, and distributes commodities under two main brands: Maxwill and Taffy in Singapore. The Company also provides customers of its commodity offerings with complementary and ancillary services, such as warehouse handling and storage and logistics services. The Company utilizes an established global network of third-party commodity suppliers and logistics service providers to distribute sugar, rice, and oil and fat products to customers in over 20 countries, as of the fiscal year ended December 31, 2024.
For more information, please visit the Company’s website: ir.daviscl.com.
For more information, please contact:
Davis Commodities Limited
Investor Relations Department
Email: investors@daviscl.com
Celestia Investor Relations
Dave Leung
Email: investors@celestiair.com