Fifth Era Acquisition falls short of Nasdaq 400-holder listing requirement
FERA•Compliance timeline and possible outcomes
A compliance plan is due within 45 days, by Oct. 29, 2026; Nasdaq can allow up to 180 days from Sept. 14, 2026.
Failure to win plan acceptance could trigger a hearings panel appeal; the listing remains intact for now.
Options include steps to rebuild the holder base or a potential transfer to the Nasdaq Capital Market.
Nasdaq notice over minimum holder requirement
Fifth Era Acquisition received a Nasdaq notice citing non-compliance with Listing Rule 5450(a)(2) on minimum total holders.
Nasdaq flagged fewer than 400 total holders, breaching the continued listing standard for the Nasdaq Global Market.
