Delixy regains Nasdaq minimum bid price compliance after 1-for-5 reverse split
DLXY•Delixy regained compliance with Nasdaq’s $1 minimum bid price rule after its shares met the threshold for 10 straight sessions from Sept. 29 to Oct. 12, 2026. Nasdaq issued a compliance letter on Oct. 13, closing the matter.
1. Compliance restored
Delixy regained compliance with Nasdaq’s $1 minimum bid price rule, removing a potential delisting risk. Its shares met the threshold for 10 straight sessions from Sept. 29 to Oct. 12, 2026, and Nasdaq issued a compliance letter on Oct. 13. Trading shifted to a post-split basis on Sept. 28 following a 1-for-5 reverse share split.
