Mercer International receives Nasdaq minimum bid price non-compliance notice
Mercer International received written notification on July 9, 2026, from Nasdaq that the company's common stock has fallen below the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1). The company has been given an initial 180 calendar day compliance period to regain compliance; if the closing bid price reaches at least $1.00 for ten consecutive business days during this period, Nasdaq will provide written confirmation of compliance. The notice is non-compliance only and does not currently affect listing or trading on Nasdaq.
Key facts
- Nasdaq Listing Rule 5450(a)(1) minimum bid price requirement: $1.00 per share
- Initial compliance period: 180 calendar days from July 9, 2026
- Compliance trigger: closing bid price of at least $1.00 for a minimum of ten consecutive business days
Why it matters
Mercer International faces a 180-day deadline to restore its stock price above $1.00 or face delisting from Nasdaq; failure to meet this threshold within the compliance period could result in an adverse delisting determination.
Share
Derived from 8-K filed 2026-07-10. Not investment advice. View the source filing on SEC.gov →