
DelistingSep 18, 2026, 05:10 PM
Fusemachines Inc. Notified of Nasdaq Delisting Non-Compliance
AI Summary
Fusemachines Inc. has received a notification from Nasdaq indicating that it is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Global Market, as its common stock has closed below $1.00 for at least 30 consecutive business days. The company has a 180-day period, until March 17, 2027, to regain compliance. If compliance is not achieved within this period, Fusemachines may be transferred to The Nasdaq Capital Market, which would provide an additional 180-day compliance period, provided certain conditions are met. The company stated it is actively monitoring its stock price and exploring options to meet the requirement.
Key Highlights
- Fusemachines Inc. received a notification from Nasdaq regarding non-compliance with the minimum bid price requirement.
- The company's common stock closing bid price has been below $1.00 for at least 30 consecutive business days.
- Fusemachines has 180 days, until March 17, 2027, to regain compliance by having its stock close at or above $1.00 for 10 consecutive business days.
- Failure to comply may result in a transfer to The Nasdaq Capital Market with an additional 180-day compliance period.
- The company is actively monitoring its stock price and evaluating options to regain compliance.
Price Impact
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