Giftify risks Nasdaq delisting after shares trade below $1 bid-price threshold
GIFT•Nasdaq notice over minimum bid price
Giftify received a Nasdaq notice on Aug. 3, 2026, for failing to meet the $1 minimum bid price requirement.
The stock has closed below $1 for 30 consecutive business days, triggering Nasdaq Listing Rule 5550(a)(2).
The company has 180 calendar days to regain compliance, requiring a closing bid of at least $1 for 10 consecutive business days.
Nasdaq may grant a second 180-day extension if other continued listing standards are met.
