DeFi Technologies Faces 180-Day Deadline After Shares Trade Below $1 for 30 Days
DeFi Technologies shares closed under the $1.00 Nasdaq bid-price requirement for 30 straight business days, triggering a 180-day compliance period ending September 1, 2026. Failure to close at or above $1.00 for ten consecutive days may force a reverse split or expose the company to delisting.
1. Nasdaq Notification
DeFi Technologies received a Nasdaq notice on March 5, 2026, confirming its common shares had traded below the $1.00 minimum bid price for 30 consecutive business days as of March 4. The notice initiates a formal deficiency process under Listing Rule 5550(a)(2).
2. Compliance Requirements
The company has until September 1, 2026—a 180-calendar-day period—to regain compliance by achieving a closing bid price of at least $1.00 for ten straight business days. Nasdaq staff may extend the measurement window to 20 consecutive days at their discretion.
3. Potential Delisting Risks
If compliance is not restored by the deadline, DeFi Technologies may qualify for an additional 180-day cure period provided it meets market-value and other listing standards and notifies Nasdaq of its intent to remedy the deficiency. Failure to qualify or cure could lead to delisting, though the company may appeal any such determination.