Datavault AI gets Nasdaq extension to regain $1 minimum bid compliance by Feb. 22, 2027
DVLT•Reverse stock split remains an option
Management flagged a potential reverse stock split as an option to restore compliance during the second compliance period.
Potential consequences if compliance is not regained
If Datavault AI does not regain compliance by the deadline, Nasdaq could issue a delisting notice.
The company could appeal any delisting determination to a hearings panel.
Trading continues on Nasdaq Capital Market during extension
The company said its shares will continue trading on the Nasdaq Capital Market under the ticker DVLT during the extension period.
To regain compliance, the stock must close at $1 or higher for 10 straight trading sessions.
Nasdaq grants Datavault AI more time to cure bid-price deficiency
Datavault AI received a Nasdaq extension to cure a $1 minimum bid-price deficiency; the new deadline is Feb. 22, 2027.
Noncompliance stems from the stock closing below $1 for 30 consecutive business days, breaching Nasdaq Listing Rule 5550(a)(2).
