Arrive AI receives Nasdaq deficiency notice for minimum bid price rule breach

Arrive AI Inc. received a deficiency letter from Nasdaq on June 2, 2026, notifying the company that its common stock closing bid price fell below the required $1.00 minimum for 30 consecutive business days, violating Nasdaq Listing Rule 5450(a)(1). The company has until November 30, 2026, a 180-calendar-day compliance period, 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 non-compliant by the deadline, Nasdaq may grant a second 180-day compliance period provided the company meets other continued listing standards; failure to regain compliance within any allotted period could result in delisting, subject to appeal rights.