RegulatoryApr 27, 2026, 06:03 AM
EUDA Receives Nasdaq Delisting Warning for MVLS Non-Compliance
AI Summary
EUDA Health Holdings Ltd received a written notice from Nasdaq on April 23, 2026, indicating non-compliance with the Minimum Market Value of Listed Securities (MVLS) rule. The company failed to maintain an MVLS of $35 million over the last 32 consecutive business days. EUDA has 180 calendar days, until October 20, 2026, to regain compliance by having its MVLS close at $35 million or more for a minimum of ten consecutive business days. Failure to do so could result in delisting from Nasdaq.
Key Highlights
- Received Nasdaq MVLS non-compliance notice on April 23, 2026.
- Failed to maintain $35 million Minimum Market Value of Listed Securities.
- Given 180 calendar days, until October 20, 2026, to regain compliance.
- Must close at $35 million or more for 10 consecutive business days.
- Failure to comply may lead to delisting.