Neonode risks Nasdaq delisting after shares trade below $1 bid-price threshold

Reuters2026/08/07 20:32

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Neonode received a Nasdaq notice on Aug. 6, 2026 for failing the $1 minimum bid-price rule after 30 straight sessions below $1.
Shares remain listed on the Nasdaq Capital Market under NEON, with a 180-day compliance window running to Feb. 2, 2027.
Compliance requires a closing bid price of at least $1 for 10 consecutive business days within the grace period.
Failure to regain compliance by Feb. 2, 2027 could trigger a delisting notice, with an option to appeal to a Nasdaq hearings panel.

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. Neonode 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: 0001437749-26-026593), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Neonode risks Nasdaq delisting after shares trade below $1 bid-price threshold

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