DelistingJul 24, 2026, 05:06 PM
Fusemachines Receives Nasdaq Delisting Notice for MVPHS Non-Compliance
AI Summary
Fusemachines Inc. received a notification from Nasdaq on July 24, 2026, indicating non-compliance with the continued listing requirement to maintain a minimum Market Value of Publicly Held Shares (MVPHS) of $15,000,000. The company's MVPHS was below this threshold for 30 consecutive business days. Fusemachines has 180 calendar days, until January 20, 2027, to regain compliance, which requires its MVPHS to close at or above $15,000,000 for at least 10 consecutive business days. The notification does not immediately affect the listing or trading of its common stock.
Key Highlights
- Received Nasdaq notification on July 24, 2026, regarding non-compliance with listing rules.
- Failed to maintain minimum $15,000,000 Market Value of Publicly Held Shares (MVPHS).
- MVPHS was below $15,000,000 for 30 consecutive business days from June 10 to July 23, 2026.
- Company has 180 calendar days, until January 20, 2027, to regain compliance.
- Compliance requires MVPHS to close at or above $15,000,000 for 10 consecutive business days.
- Notification has no immediate effect on the listing or trading of the company's common stock.
Price Impact
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