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Farmmi falls below NASDAQ minimum bid price and receives deficiency notice

Farmmi received a deficiency notice from NASDAQ because its Class A common stock traded below $1.00 for 30 consecutive trading days, violating Rule 5550(a)(2). The listing remains in place for now; the company has until February 8, 2027 to regain compliance, for example by achieving a closing price of at least $1.00 for ten consecutive trading days or by effecting a reverse stock split. If the deadline is not met, a further 180-day extension may be requested under certain conditions. Farmmi is monitoring the share price and evaluating options, but notes that restoring listing compliance is not guaranteed. » Plus sur de.investing.com