Fenbo gets Nasdaq notice for $1 minimum bid price deficiency

Fenbo received a Nasdaq notice for failing the $1 minimum bid price rule after 30 straight business days below the threshold.

Shares keep trading on Nasdaq under FEBO; no immediate impact on listing status.

The deadline to regain compliance is Jan. 25, 2027; Fenbo must have a closing bid of at least $1 for 10 consecutive sessions.

Failure to cure by the deadline could trigger delisting risk, though an extra 180-day extension may be available if requirements are met.