DelistingOct 20, 2026, 08:06 AM
XWELL, Inc. Faces Nasdaq Delisting Warning Over Low Stock Price
AI Summary
XWELL, Inc. has received a notification from Nasdaq indicating that the company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. The company's stock has traded below $1.00 for 30 consecutive business days. XWELL has been granted a 180-day compliance period, until April 5, 2027, to regain compliance. During this period, the stock must close at or above $1.00 for ten consecutive business days. Failure to do so could result in delisting, although an additional compliance period may be available under certain conditions. The notice does not currently impact the trading of the company's stock.
Key Highlights
- XWELL, Inc. received a notice from Nasdaq for non-compliance with the minimum bid price requirement.
- The company's common stock closing bid price was below $1.00 for 30 consecutive business days (August 25 - October 6, 2026).
- XWELL has 180 days (until April 5, 2027) to regain compliance by having a closing bid price of at least $1.00 for ten consecutive business days.
- Failure to comply could lead to a Staff Delisting Determination, with potential for an additional 180-day compliance period.
- The notice has no immediate effect on the listing or trading of XWELL's common stock.
Price Impact
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