DelistingJul 27, 2026, 04:32 PM
AMASS Brands Non-Compliant with Nasdaq Listing Rules; Faces Delisting
AI Summary
AMASS Brands Inc. received two notification letters from Nasdaq on July 22, 2026, indicating non-compliance with continued listing requirements. The company's market value of listed securities (MVLS) fell below $50 million and its market value of publicly held shares (MVPHS) fell below $15 million for 30 consecutive business days. AMASS Brands has 180 calendar days, until January 19, 2027, to regain compliance by maintaining the minimum MVLS and MVPHS for at least ten consecutive business days. The company intends to monitor its market values and evaluate options, including a potential transfer to The Nasdaq Capital Market, to avoid delisting.
Key Highlights
- Received Nasdaq notification letters on July 22, 2026, for non-compliance.
- Market value of listed securities (MVLS) was below minimum $50,000,000.
- Market value of publicly held shares (MVPHS) was below minimum $15,000,000.
- Non-compliance period was 30 consecutive business days from June 8 to July 21, 2026.
- Company has 180 calendar days, until January 19, 2027, to regain compliance.
- To regain compliance, MVLS and MVPHS must close above thresholds for 10 consecutive days.
- Company may consider transferring to The Nasdaq Capital Market if compliance is not regained.
Price Impact
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