AuthID gets Nasdaq notice after shares trade below $1 bid price requirement - AUID News | RalliesAuthID gets Nasdaq notice after shares trade below $1 bid price requirement
A
AUID• Nasdaq bid price deficiency notice
- AuthID received a Nasdaq notice on Aug. 27, 2026 for failing the $1 minimum bid price rule on Nasdaq Capital Market.
- Shares closed below $1 for 30 straight business days from July 16 through Aug. 26, 2026; trading continues under AUID.
- Nasdaq set a 180-day cure period through Feb. 23, 2027; compliance requires a $1 bid for at least 10 consecutive days.
- Failure to cure could trigger delisting; eligibility for a second extension is uncertain due to a separate stockholders’ equity deficiency.
- Options under review include a reverse stock split, which must occur at least 10 business days before the deadline.
GOOGL
•
