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Fort Technology warned by Nasdaq for falling below $1 minimum bid price, given 180 days to comply.

Market News
29 Oct 2026, 04:00 WIB
Na
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Bearish
Fort Technology warned by Nasdaq for falling below $1 minimum bid price, given 180 days to comply.

Fort Technology received a notification from Nasdaq on October 13, 2026, stating it failed to meet the minimum bid price requirement of $1.00 per share over the past 30 days. The company has 180 days, until April 12, 2027, to restore its share price to at least $1.00 for 10 consecutive business days to maintain its Nasdaq listing. If it fails, Fort may request an additional 180-day period by meeting other listing standards and possibly executing a reverse share split. The notification does not affect trading on Nasdaq or the TSX Venture Exchange immediately. Fort plans to monitor its share price and explore options to regain compliance but warns there is no guarantee of success.

Fort Technology's Nasdaq bid price issue is context for readers. For those following Consumer Cyclical stocks, here is Pluang's market snapshot as of Oct 29, 2026 03:42 WIB: Of 134 priced US stocks, 67 rose and 67 fell. Notable prices include DAN at USD 25.57 with a 1-day change of -5.99%, ORLY at USD 94.87 up 5.62%, and EBAY at USD 124.38 up 5.56% with 67% sell activity and a typical hold time of 135 days on Pluang.

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