UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Issuer
Pursuant
to Rule 13a-16 or 15d-16 of
the
Securities Exchange Act of 1934
For
August 29, 2024
Commission
File Number: 001-41335
JE
CLEANTECH HOLDINGS LIMITED
(Exact
name of Registrant as specified in its charter)
Cayman
Islands
(Jurisdiction
of incorporation or organization)
3
Woodlands Sector 1
Singapore
738361
(Address
of principal executive offices)
Bee
Yin Hong, CEO
Tel:
+65 6368 4198
Email:
Elise.hong@jcs-echigo.com.sg
3
Woodlands Sector 1
Singapore
738361
(Name,
Telephone, email and/or fax number and address of Company Contact Person)
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 ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report
to security holders.
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that
the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on EDGAR.
Regaining
Compliance with the Bid Price Requirement to Continue Listing on Nasdaq
JE
Cleantech Holdings Limited (Nasdaq: JCSE) received a letter on August 27, 2024 (the “Compliance Letter”) from the Listing
Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”). The Compliance Letter informed the Company that it had
regained compliance with Nasdaq’s bid price requirement (the “Bid Price Requirement”) in Listing Rule 5550(a)(2), as
required by the Nasdaq Hearing Panel’s decision dated July 15, 2024. Accordingly, the Company’s common stock will continue
to be listed on The Nasdaq Capital Market and Nasdaq considers the matter closed.
“We
are pleased that the Company has regained compliance with the Bid Price Requirement because we recognize the value to our shareholders
of the Nasdaq listing and intend to continue to meet the Bid Price Requirement,” stated Ms. HONG Bee Yin, CEO and Founder of JE
Cleantech.
On
August 29, 2024, the Company issued a press release relating to the Compliance Letter and the information described above (the “Press
Release”). A copy of the Press Release is furnished as Exhibit 99.1 to this Report on Form 6-K.
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.
| Date:
September 4, 2024 |
JE
CLEANTECH HOLDINGS LIMITED |
| |
|
|
| |
By: |
/s/
LONG Jia Kwang |
| |
|
LONG
Jia Kwang |
| |
|
Chief
Financial Officer and Director |
EXHIBIT
INDEX
Exhibit
No.
EXHIBIT
99.1
JE
Cleantech Holdings Limited Announces Regaining of Compliance with the Bid Price Requirement to Continue Listing on Nasdaq
Published
Aug
29, 2024, 11:47am EDT
JE
Cleantech Holdings Limited
SINGAPORE,
Aug. 29, 2024 (GLOBE NEWSWIRE) — JE Cleantech Holdings Limited (Nasdaq: JCSE), a precision cleaning and cleantech equipment manufacturer,
announced that on August 27, 2024, it received a letter (the “Compliance Letter”) from the Listing Qualifications Department
of The Nasdaq Stock Market LLC (“Nasdaq”). The Compliance Letter informed the Company that it had regained compliance with
Nasdaq’s bid price requirement (the “Bid Price Requirement”) in Listing Rule 5550(a)(2), as required by the Hearing
Panel’s (the “Panel”) decision dated July 15, 2024. Accordingly, the Company’s common stock will continue to
be listed on The Nasdaq Capital Market and Nasdaq considers the matter closed.
“We
are pleased that the Company has regained compliance with the Bid Price Requirement because we recognize the value to our shareholders
of the Nasdaq listing and intend to continue to meet the Bid Price Requirement,” stated Ms. HONG Bee Yin, CEO and Founder of JE
Cleantech.
About
JE Cleantech Holdings Limited
JE
Cleantech Holdings Limited is based in Singapore and is principally engaged in (i) the sale of cleaning systems and other equipment;
and (ii) the provision of centralized dishwashing and ancillary services. Through its subsidiary, JCS-Echigo Pte Ltd, the company designs,
develops, manufactures, and sells cleaning systems for various industrial end-use applications primarily to customers in Singapore and
Malaysia. Its cleaning systems are mainly designed for precision cleaning, with features such as particle filtration, ultrasonic or megasonic
rinses with a wide range of frequencies, high pressure drying technology, high flow rate spray, and deionized water rinses, which are
designed for effective removal of contaminants and to minimize particle generation and entrapment. The Company also has provided centralized
dishwashing services, through its subsidiary, Hygieia Warewashing Pte Ltd, since 2013 and general cleaning services since 2015, both
mainly for food and beverage establishments in Singapore. For more information about JE Cleantech, please visit our website: www.jecleantech.sg.
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 “may,” “will,” “should,” “believe,” “expect,”
“could,” “intend,” “plan,” “anticipate,” “estimate,” “continue,”
“predict,” “project,” “potential,” “target,” “goal,” or other similar expressions
in this announcement. These forward-looking statements include, without limitation, the Company’s expectations with respect to
future performance and anticipated potential financial impacts. 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
Form 20-F, and other filings with the United States Securities and Exchange Commission.
Contact:
Jason
Long Email address: enquiry@jecleantech.sgPhone number: +65 63684198Other number: +65 66029468
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