Fold Holdings receives Nasdaq minimum bid price deficiency notice
On July 14, 2026, Fold Holdings received a notice from Nasdaq stating that its common stock closing bid price has remained below the $1.00 minimum per share required for listing for the last 30 consecutive business days. The company has an initial 180-calendar-day compliance period until January 11, 2027, to regain compliance by achieving a closing bid price of $1.00 or higher for a minimum of ten consecutive business days. If Fold does not regain compliance during the initial period, it may be eligible for an additional 180-day period if it meets other continued listing standards and provides written notice to Nasdaq.
Key facts
- Initial compliance period of 180 calendar days until January 11, 2027
- Minimum Bid Price Requirement: closing bid price must meet or exceed $1.00 per share for a minimum of ten consecutive business days
- If stock trades at or below $0.10 for ten consecutive trading days, Nasdaq will immediately issue a delisting determination and suspend trading
- Reverse stock split must be completed no later than 10 business days prior to expiration of initial compliance period if implemented
- Company remains listed and will continue trading on Nasdaq during compliance period
Why it matters
Fold faces a critical juncture: failure to cure the bid-price deficiency within the compliance windows could result in delisting from Nasdaq, which would significantly impact the company's access to capital markets and investor liquidity.
Share
Derived from 8-K filed 2026-07-17. Not investment advice. View the source filing on SEC.gov →