RegulatoryJun 1, 2026, 04:28 PM
Leslie's Regains Nasdaq Listing Compliance
AI Summary
Leslie's, Inc. announced it has regained compliance with Nasdaq Listing Rule 5450(b)(3)(C) regarding the minimum market value of publicly held shares (MVPHS). The company had previously received a non-compliance notification on February 11, 2026, for failing to maintain an MVPHS of $15,000,000. Compliance was achieved by maintaining the required MVPHS for 10 consecutive business days from May 14 to May 28, 2026, well ahead of the August 10, 2026 deadline.
Key Highlights
- Leslie's, Inc. regained compliance with Nasdaq Listing Rule 5450(b)(3)(C).
- The rule requires a minimum market value of publicly held shares (MVPHS) of $15,000,000.
- Company received initial non-compliance notification on February 11, 2026.
- The deadline to regain compliance was August 10, 2026.
- Compliance was regained on May 29, 2026, ahead of the deadline.
- Achieved by maintaining MVPHS of $15,000,000 or greater from May 14 to May 28, 2026.
Price Impact
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