DelistingApr 16, 2026, 04:12 PM
Fathom Holdings Receives Nasdaq Delisting Warning for Bid Price
AI Summary
Fathom Holdings Inc. received a notice from Nasdaq indicating non-compliance with the minimum bid price requirement. The company's common stock traded below $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Fathom has a 180-day compliance period, until October 7, 2026, to regain compliance by having its stock close at or above $1.00 for at least ten consecutive business days. Failure to comply could lead to delisting, although an additional compliance period or an appeal process may be available.
Key Highlights
- Nasdaq notified Fathom Holdings of non-compliance with the $1.00 minimum bid price rule.
- Company's common stock closed below $1.00 for 30 consecutive business days.
- Fathom Holdings has 180 calendar days, until October 7, 2026, to regain compliance.
- Compliance requires the stock to close at $1.00 or more for 10 consecutive business days.
- The notice has no immediate effect on the listing of the Company’s common stock.
Price Impact
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