NVDA
NVIDIA
-- 137.490 TSLA
Tesla
-- 417.410 BA
Boeing
-- 176.550 MSTR
MicroStrategy
-- 302.960 RGTI
Rigetti Computing
-- 17.0000 
Stock Trading 101: Part F Nasdaq Minimum Bid Price Listing Requirement
Key Points About the $1 Bid Price Maintenance:
1. Grace Period:
▪️If a company’s stock trades
below $1 for 30 consecutive business days, Nasdaq will issue a Deficiency
Notice.
▪️The company is then granted
a 180 calendar day grace period to regain compliance.
2. Regaining Compliance:
▪️The stock must close at or
above $1 for at least 10 consecutive business days within the grace period to
regain compliance.
▪️Nasdaq may extend this
period under certain conditions, but such extensions are not guaranteed.
3. Additional Compliance
Period:
▪️For companies on the Nasdaq
Capital Market, if they do not regain compliance within the first 180 days but
meet all other initial listing criteria, they may be granted a second 180-day
grace period.
4. Consequences of Non-Compliance:
▪️If a company fails to meet
the $1 bid price requirement after the grace period(s), Nasdaq may initiate
delisting proceedings.
▪️Companies can appeal this
decision and present a plan for regaining compliance during a hearing.
5. Exceptions:
▪️Nasdaq occasionally suspends
enforcement of this rule during periods of extreme market volatility, such as
during the 2020 COVID-19 pandemic.
▪️If a company’s stock trades
below $1 for 30 consecutive business days, Nasdaq will issue a Deficiency
Notice.
▪️The company is then granted
a 180 calendar day grace period to regain compliance.
2. Regaining Compliance:
▪️The stock must close at or
above $1 for at least 10 consecutive business days within the grace period to
regain compliance.
▪️Nasdaq may extend this
period under certain conditions, but such extensions are not guaranteed.
3. Additional Compliance
Period:
▪️For companies on the Nasdaq
Capital Market, if they do not regain compliance within the first 180 days but
meet all other initial listing criteria, they may be granted a second 180-day
grace period.
4. Consequences of Non-Compliance:
▪️If a company fails to meet
the $1 bid price requirement after the grace period(s), Nasdaq may initiate
delisting proceedings.
▪️Companies can appeal this
decision and present a plan for regaining compliance during a hearing.
5. Exceptions:
▪️Nasdaq occasionally suspends
enforcement of this rule during periods of extreme market volatility, such as
during the 2020 COVID-19 pandemic.
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