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Farmmi shares fall below $1, faces Nasdaq compliance deadline by Feb 2027 to avoid delisting

Market News
12 Aug 2026, 23:30 WIB
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Bearish
Farmmi shares fall below $1, faces Nasdaq compliance deadline by Feb 2027 to avoid delisting

Farmmi, Inc. announced it received a Nasdaq notice for not meeting the minimum $1 bid price requirement after its shares closed below $1 for 30 consecutive business days. The company has 180 days, until February 8, 2027, to regain compliance by raising its share price above $1 for 10 consecutive days or by implementing a reverse stock split. If Farmmi fails to comply, it may get an additional 180-day grace period if other listing criteria are met, but failure to meet requirements could lead to delisting. Farmmi is actively monitoring its stock price and considering options to maintain its Nasdaq listing.

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