StockWatch
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Telecommunications Equipment
RegulatoryJul 31, 2026, 04:31 PM

Core AI Receives Nasdaq Non-Compliance Notice for Bid Price

AI Summary

Core AI Holdings, Inc. announced it received a notification from Nasdaq regarding 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 180 calendar days, until January 27, 2027, to regain compliance, during which its shares will continue to trade on the Nasdaq Capital Markets. The company plans to monitor its bid price and consider options to resolve the deficiency, with potential for an additional compliance period or delisting if not resolved.

Key Highlights

  • Core AI received a Nasdaq notification on July 31, 2026, regarding minimum bid price non-compliance.
  • The company's common shares traded below $1.00 for 30 consecutive days (June 17 - July 30, 2026).
  • Core AI has 180 calendar days, until January 27, 2027, to regain compliance.
  • During this period, common shares will continue to trade on the Nasdaq Capital Markets.
  • Compliance is regained if the closing bid price is $1.00 or more for ten consecutive trading days.
  • The company may be eligible for an additional 180-day compliance period if needed.
  • Failure to regain compliance could lead to delisting from Nasdaq.
  • Core AI intends to monitor its bid price and consider options to regain compliance.