Innovative Eyewear receives Nasdaq notice over minimum bid price noncompliance
LUCY•Innovative Eyewear received a Nasdaq notice after its common stock closed below $1 for 30 consecutive business days. It has until April 7, 2027, to regain compliance; the notice has no immediate effect on its listing.
1. Compliance deadline
Nasdaq notified Innovative Eyewear on October 9, 2026, that it did not meet the minimum bid price requirement. The 180-day compliance period ends April 7, 2027; the company must have closing bids of at least $1 for 10 consecutive business days to regain compliance. An additional 180-day extension depends on eligibility, including a commitment to a reverse stock split if necessary. Failure to qualify for an extension or cure the deficiency could lead to delisting, though a timely hearing request would stay suspension or delisting.
