Founder Group regains compliance with Nasdaq minimum publicly held shares requirement
FGL•Founder Group said it regained compliance with Nasdaq’s minimum publicly held shares requirement after confirming 541,791 publicly held shares on Oct. 9, above the 500,000-share threshold. Nasdaq confirmed compliance on Oct. 19 and closed the matter.
1. Compliance restored
Founder Group announced on Oct. 23, 2026, that it regained compliance with Nasdaq Listing Rule 5550(a)(4). Nasdaq’s Oct. 19 letter confirmed compliance and closed the matter. The company had received a Sept. 16 notice citing a shortfall against the 500,000 publicly held share minimum, and confirmed it had 541,791 publicly held shares on Oct. 9.
