Alpha Compute wins Nasdaq extension to meet $1 minimum bid price rule - ALP News | RalliesAlpha Compute wins Nasdaq extension to meet $1 minimum bid price rule
A
ALP• Nasdaq grants second grace period
- Alpha Compute received a second Nasdaq grace period to cure a minimum bid-price deficiency under Listing Rule 5550(a)(2).
- Nasdaq set a March 1, 2027 deadline to regain compliance after the stock traded below $1 for 30 consecutive sessions.
- Compliance requires a closing bid of at least $1 for 10 consecutive business days, with Nasdaq able to require up to 20.
- The stock remains listed on the Nasdaq Capital Market; the company is considering a reverse stock split if needed.
•
