SunCar gets Nasdaq notice for failing $1 minimum bid price rule
SDA•Nasdaq notice for minimum bid price rule
SunCar received a Nasdaq notice for failing to meet the $1 minimum bid price rule, based on trading from June 10 to July 24.
The stock remains listed; the initial compliance window runs to Jan. 25, 2027.
Compliance requires a closing bid of at least $1 for 10 consecutive business days.
Failure to cure by Jan. 25, 2027 could trigger delisting risk; a reverse stock split is among options under Nasdaq rules.
