DelistingNov 2, 2026, 04:21 PM
House of Doge Inc. to be Delisted from Nasdaq
AI Summary
House of Doge Inc. has received a determination from Nasdaq to delist its common stock due to failure to meet the minimum bid price requirement. The company's stock fell below $1.00 for 30 consecutive days and subsequently traded at $0.10 or less for ten consecutive days. Trading will be suspended on November 3, 2026, with a Form 25-NSE to be filed. The company has the option to appeal the decision by November 3, 2026, and is considering a reverse stock split to regain compliance.
Key Highlights
- House of Doge Inc. received a deficiency letter from Nasdaq for falling below the $1.00 minimum bid price.
- The company's stock closing bid price was $0.10 or less for ten consecutive trading days (Oct 13-26, 2026).
- Nasdaq has determined to delist the company's common stock from The Nasdaq Capital Market.
- Trading of the company's common stock will be suspended at the opening of business on November 3, 2026.
- The company may appeal the delisting determination by November 3, 2026, with a $20,000 fee.
- A reverse stock split proposal will be included in the upcoming proxy statement for the annual meeting.
Price Impact
More from TBH