Avalanche Treasury gets Nasdaq notice as AVAT bid price stays below $1 for 33 days - AVAT News | RalliesAvalanche Treasury gets Nasdaq notice as AVAT bid price stays below $1 for 33 days
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AVAT• Nasdaq notice for bid price and market value deficiencies
- Avalanche Treasury received Nasdaq notices for failing continued listing standards on minimum bid price and market value of listed securities.
- Shares traded below $1 for 33 straight business days, triggering the minimum bid price deficiency.
- Market value of listed securities stayed under $35 million for 33 straight business days, breaching Nasdaq’s Capital Market threshold.
- Nasdaq gave a compliance window through Feb. 2, 2027; regaining compliance requires 10 consecutive business days above both thresholds.
- Failure to cure by the deadline could lead to delisting; a reverse stock split is among options under review.
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