DelistingJul 24, 2026, 04:17 PM
GoPro Receives Nasdaq Delisting Notice for Bid Price
AI Summary
GoPro, Inc. received a notice from Nasdaq on July 21, 2026, indicating non-compliance with Listing Rule 5450(a)(1) because its Class A Common Stock traded below $1.00 per share for 30 consecutive business days. The company has a 180-calendar-day grace period to regain compliance by having its stock price close at or above $1.00 for at least ten consecutive business days. This notification does not immediately affect the listing or trading of GoPro's stock on Nasdaq.
Key Highlights
- GoPro received a Nasdaq notice on July 21, 2026.
- Non-compliance with Nasdaq Listing Rule 5450(a)(1) due to minimum bid price.
- Class A Common Stock traded below $1.00 per share for 30 consecutive business days.
- Company has 180 calendar days to regain compliance with the rule.
- To comply, stock must close at or above $1.00 for 10 consecutive business days.
- The notification has no immediate effect on the listing or trading of GPRO stock.
Price Impact
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