GoPro, Inc. has received a notice from The Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement. The notice was issued because the company's Class A Common Stock traded below $1.00 per share for 30 consecutive business days.
Key Details
- Compliance Issue: The company is not in compliance with Nasdaq Listing Rule 5450(a)(1) as its stock price remained below the $1.00 minimum bid price for 30 consecutive business days.
- Remediation Period: GoPro has a 180-calendar-day grace period from the notice date of July 21, 2026, to regain compliance. To do so, its stock must close at or above $1.00 per share for at least 10 consecutive business days.
- Immediate Impact: The notification has no immediate effect on the listing or trading of GoPro's stock, which continues to trade on the Nasdaq Global Select Market under the symbol "GPRO".