Nixxy receives Nasdaq notice for failing $1 minimum bid price rule
NIXX•Nasdaq notice for minimum bid price non-compliance
Nixxy received a Nasdaq notice on Sept. 1, 2026, for failing the $1 minimum bid price rule.
Shares traded below $1 for 30 consecutive business days, triggering non-compliance with Nasdaq Listing Rule 5550(a)(2).
A 180-day grace period runs to regain compliance, requiring a closing bid of at least $1 for 10 straight business days.
Failure to cure could lead to delisting risk, with a possible second 180-day window if listing standards are met.
