Arrive AI receives Nasdaq minimum bid price deficiency notice
Arrive AI Inc. received a deficiency letter from Nasdaq on June 2, 2026, notifying the company that its common stock failed to maintain the required minimum bid price of $1.00 per share for the last 30 consecutive business days. The company has until November 30, 2026, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. If not achieved, Arrive AI may be eligible for a second 180-day compliance period if it meets other Nasdaq listing standards.
Key facts
- Deficiency notice received June 2, 2026
- Minimum bid price requirement: $1.00 per share
- Compliance period: 180 calendar days, until November 30, 2026
- Common stock par value: $0.0002 per share
- Nasdaq Listing Rule 5450(a)(1)
- Required closing bid price must be at least $1.00 for minimum of ten consecutive business days prior to November 30, 2026
Why it matters
A failure to regain compliance with the minimum bid price requirement within the compliance period could result in delisting of Arrive AI's common stock from The Nasdaq Global Market.
Developing story
- NT 10-K
- 8-Kthis filing
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Derived from 8-K filed 2026-06-05. Not investment advice. View the source filing on SEC.gov →