Nexgel regains compliance with Nasdaq minimum bid price requirement
NXGL•Nexgel regained compliance with Nasdaq’s $1 minimum bid price requirement after its stock closed at or above that level for 10 consecutive trading days through Oct. 23, 2026. Its shares will remain listed on the Nasdaq Capital Market, and the matter is closed.
1. Compliance restored
Nexgel said it regained compliance with Nasdaq Listing Rule 5550(a)(2) after its closing bid price was at least $1 for 10 consecutive trading days, a requirement met on Oct. 23, 2026. The company received a deficiency notice on April 22 after 30 consecutive business days below the $1 minimum; its common stock will remain listed on the Nasdaq Capital Market.
