DelistingJul 17, 2026, 05:01 PM
Fold Holdings Receives Nasdaq Delisting Notice for Bid Price
AI Summary
Fold Holdings, Inc. announced it received a notice from Nasdaq on July 14, 2026, indicating non-compliance with the minimum bid price requirement. The company's common stock has traded below $1.00 per share for 30 consecutive business days. Fold Holdings has been granted an initial compliance period of 180 calendar days, until January 11, 2027, to regain compliance by maintaining a closing bid price of $1.00 or more for at least ten consecutive business days. Failure to comply could lead to delisting, with an immediate delisting determination if the stock trades below $0.10 for ten consecutive days.
Key Highlights
- Received Nasdaq delisting notice on July 14, 2026, for failing to meet minimum bid price.
- Common stock traded below $1.00 per share for 30 consecutive business days.
- Violates Nasdaq Listing Rule 5550(a)(2) Minimum Bid Price Requirement.
- Granted an initial compliance period of 180 calendar days, until January 11, 2027.
- Must achieve a closing bid price of $1.00 or more for at least ten consecutive business days.
- Risk of immediate delisting if stock trades at or below $0.10 for ten consecutive trading days.
Price Impact
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