DelistingJul 31, 2026, 04:38 PM
Core AI Holdings Non-Compliant with Nasdaq Bid Price Requirement
AI Summary
Core AI Holdings, Inc. announced it received a notification from Nasdaq on July 31, 2026, indicating non-compliance with the minimum bid price requirement. The company's common shares traded below $1.00 for 30 consecutive trading days. Core AI has an initial 180-calendar-day period, until January 27, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive trading days. The notification does not immediately impact the listing or business operations, and the company intends to monitor its share price and consider options to regain compliance.
Key Highlights
- Core AI Holdings received a Nasdaq notification on July 31, 2026, for non-compliance with the minimum bid price requirement.
- The company's common shares traded below $1.00 for 30 consecutive trading days from June 17, 2026, to July 30, 2026.
- Core AI has 180 calendar days, until January 27, 2027, to regain compliance.
- Compliance requires the closing bid price to be at least $1.00 for a minimum of ten consecutive trading days.
- An additional 180-day compliance period may be granted if certain conditions are met.
- Nasdaq may issue a Staff Delisting Determination if the bid price falls to $0.10 or less for ten consecutive days.
- The notification does not immediately affect the company's listing or business operations.
Price Impact
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