Founder Group Limited (FGL) on 20 November 2025: Nasdaq Warning, Surging Penny Stock, and a RM1.16 Billion Solar Megaproject
Founder Group Limited shares surged to $0.40–$0.42 on November 20, 2025, with volume topping 6 million after a pre-market jump of nearly 20%. The Malaysia-based solar firm faces a Nasdaq delisting threat after receiving a minimum bid-price warning, with a deadline to regain compliance by May 2026. The company, listed in October 2024, has no U.S. operations and focuses on large-scale and commercial solar projects in Malaysia.
