SunPower gets Nasdaq notice for failing $1 minimum bid price rule
SPWR•Nasdaq notice over minimum bid price rule
SunPower received a Nasdaq notice on July 21, 2026 for failing to meet the $1 minimum bid price rule for continued Global Market listing.
Nasdaq set a 180-day window to regain compliance, requiring a closing bid price of at least $1 for 10 consecutive business days by Jan. 19, 2027.
Failure to cure could trigger delisting proceedings, with a possible additional 180-day period if eligibility conditions are met.
Management plans to monitor the stock’s bid price and weigh options to restore compliance, including a potential reverse stock split.
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