DelistingNov 6, 2026, 04:15 PM
Barfresh Food Group Faces Nasdaq Delisting Warning
AI Summary
Barfresh Food Group Inc. (BRFH) announced it received a notification from Nasdaq indicating its common stock has failed to meet the minimum bid price requirement of $1.00 for 30 consecutive business days. The company has been granted an initial compliance period of 180 days, until May 4, 2027, to rectify the situation. Additionally, Barfresh must meet a minimum market value of publicly held shares of $35,000,000 by February 1, 2027. The company is evaluating options to regain compliance.
Key Highlights
- Barfresh Food Group Inc. received a notice from Nasdaq for failing to maintain a minimum closing bid price of $1.00 for 30 consecutive business days.
- The company has an initial compliance period of 180 calendar days, until May 4, 2027, to regain compliance.
- To regain compliance, the stock must close at $1.00 or higher for at least 10 consecutive business days.
- A reverse stock split must be completed at least ten business days before May 4, 2027, if chosen as a compliance method.
- The company also has until February 1, 2027, to regain compliance with the minimum market value of publicly held shares requirement of $35,000,000.
Price Impact
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