DelistingApr 10, 2026, 04:41 PM
CABR receives Nasdaq delisting notice for low equity
AI Summary
Caring Brands, Inc. received a Nasdaq Staff Delisting Determination letter on April 7, 2026, for failing to meet the minimum $2.5 million stockholders' equity requirement. The company reported stockholders' equity of $2,091,324 for the year ended December 31, 2025. CABR has 45 days, until May 22, 2026, to submit a compliance plan, with a potential extension until October 4, 2026.
Key Highlights
- Received Nasdaq delisting notice on April 7, 2026.
- Stockholders' equity was $2,091,324, below $2.5 million minimum.
- Non-compliant with Nasdaq Listing Rule 5550(b)(1).
- Has 45 days to submit a compliance plan, until May 22, 2026.
- Potential 180-day extension until October 4, 2026.