XCel Brands gets Nasdaq notice after stock trades below $1 bid price requirement
XELB•XCel Brands received a Nasdaq notice on Sept. 29, 2026, after its stock traded below the $1 minimum bid price for 30 consecutive business days. It has until March 29, 2027, to regain compliance.
1. Compliance window
Nasdaq gave XCel Brands a 180-day compliance period through March 29, 2027. The company can regain compliance if its closing bid price is at least $1 for 10 consecutive business days within that period.
2. Possible next steps
If XCel Brands fails to regain compliance, it could receive a delisting notice and may appeal to a Nasdaq hearings panel. A second compliance period may be available and could require a reverse stock split to cure the deficiency.
