RegulatoryOct 9, 2026, 06:06 AM
Avalanche Treasury Corp Regains Nasdaq Minimum Bid Price Compliance
AI Summary
Avalanche Treasury Corp announced it has regained compliance with The Nasdaq Stock Market's minimum bid price requirement. The company had previously been notified on August 6, 2026, that its class A common stock had fallen below the $1.00 minimum for 33 consecutive business days. Following 13 consecutive business days with a closing bid price at or above $1.00 from September 18 to October 6, 2026, Nasdaq has confirmed compliance, closing the matter.
Key Highlights
- Avalanche Treasury Corp regained compliance with Nasdaq's minimum $1.00 bid price requirement.
- The company had previously received a notification on August 6, 2026, for falling below the minimum bid price.
- Compliance was regained due to the closing bid price being $1.00 or greater for 13 consecutive business days from September 18 to October 6, 2026.
- Nasdaq has determined the matter is now closed.
Price Impact
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