Huadi International says it receives Nasdaq notice on $1 minimum bid price deficiency
HUDI•Nasdaq notice on bid price deficiency
Huadi International Group received a Nasdaq notice for failing the $1 minimum bid price rule, following 30 straight business days below $1.
Shares remain listed on Nasdaq during a 180-day compliance window running through Jan. 11, 2027.
Regaining compliance requires a closing bid price of at least $1 for 10 consecutive business days.
Management is monitoring the share price, weighing options to cure the deficiency, including a possible reverse stock split.
