Eightco Holdings Inc. (ORBS) received a notification from Nasdaq on August 5, 2026, for failing to meet the minimum bid price requirement for continued listing. The notice was issued because the company's common stock closed below $1.00 per share for 30 consecutive business days.
Key Details
- Non-Compliance Period: The deficiency was noted for the period from June 23, 2026, to August 4, 2026, violating Nasdaq Listing Rule 5550(a)(2).
- Compliance Timeline: The company has been granted a 180-calendar-day period, ending on February 1, 2027, to regain compliance. To do so, its stock must maintain a closing bid price of at least $1.00 for a minimum of ten consecutive business days.
- Immediate Impact: The notification has no immediate effect on the listing or trading of the company's common stock, which will continue to trade on The Nasdaq Capital Market under the symbol "ORBS".