Prairie Receives Nasdaq Delisting Notice for Bid Price
Prairie Operating Co. received a notice from Nasdaq on July 2, 2026, indicating its common stock has traded below the minimum $1.00 bid price for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). The company has an initial 180-day period, until December 29, 2026, to regain compliance by having its stock close at or above $1.00 for at least ten consecutive business days. Failure to comply could lead to delisting, though an additional 180-day period may be available under certain conditions.
Key Highlights
- Received Nasdaq Minimum Bid Price Notice on July 2, 2026.
- Common stock bid price was below $1.00 for 30 consecutive business days.
- Initial compliance period is 180 calendar days, until December 29, 2026.
- Must regain compliance by closing at or above $1.00 for 10 consecutive business days.
- Company may be eligible for an additional 180-day compliance period.
- Immediate delisting if stock trades at or below $0.10 for 10 consecutive days.
Price Impact
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