DelistingJul 23, 2026, 09:41 AM
Real Messenger receives Nasdaq delisting warning for low bid price
AI Summary
Real Messenger Corp announced it received a notification from Nasdaq on July 22, 2026, stating it is not in compliance with the minimum bid price requirement. The company's Class A ordinary shares traded below $1 for 30 consecutive business days. Real Messenger has 180 calendar days, until January 19, 2027, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. The company is evaluating options, including a reverse stock split, but there is no assurance of regaining compliance.
Key Highlights
- Received Nasdaq notification on July 22, 2026, for not meeting the $1 minimum bid price requirement.
- Closing bid price was below $1 for 30 consecutive business days (June 8, 2026 to July 21, 2026).
- Company has 180 calendar days, until January 19, 2027, to regain compliance.
- To regain compliance, the stock must close at $1.00 or more for at least 10 consecutive business days.
- Company is evaluating options, including a reverse stock split, to regain compliance.
- If not compliant by January 19, 2027, company may be eligible for an additional 180-day period.
Price Impact
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