Upexi gets Nasdaq notice for failing $1 minimum bid price rule
Reuters2026/07/31 20:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Upexi received a Nasdaq notice on July 30, 2026 for failing to meet the $1 minimum bid price rule.
- Nasdaq cited 30 straight business days below $1 from June 16, 2026 through July 29, 2026.
- Stock remains listed for now; the company has until Jan. 26, 2027 to regain compliance.
- Compliance requires a closing bid of at least $1 for 10 consecutive business days; Nasdaq can require a longer period.
- Upexi is weighing options including a reverse stock split, which must be completed 10 business days before the deadline.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Upexi Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001477932-26-004640), on July 31, 2026, and is solely responsible for the information contained therein.
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