Organigram receives Nasdaq notice for minimum bid price noncompliance
OGI•Organigram received a Nasdaq notice after its common shares closed below $1 for 30 consecutive business days. It has until May 10, 2027, to meet the minimum bid requirement; the notice has no immediate effect on trading or its Toronto Stock Exchange listing.
1. Compliance deadline
Organigram received the notice on November 11, 2026. To regain compliance, its shares must close at or above $1 for 10 consecutive business days within 180 calendar days, ending May 10, 2027. An additional 180-day extension may be available if the company meets Nasdaq requirements, including transferring to the Nasdaq Capital Market; otherwise, its common shares risk delisting. The notice has no immediate effect on Nasdaq listing or trading, and its Toronto Stock Exchange listing and compliance status are unaffected.
