Streamex Corp. (STEX) received a notice from The Nasdaq Stock Market on October 7, 2026, indicating non-compliance with the minimum bid price requirement. The company's common stock failed to maintain a closing bid price of at least $1.00 per share for 30 consecutive business days, a violation of Nasdaq Listing Rule 5550(a)(2). The notice does not have an immediate impact on the company's listing.
Key Details
- Compliance Period: STEX has been granted a 180-day period, until April 5, 2027, to regain compliance.
- Requirement: To cure the deficiency, the stock's closing bid price must be at least $1.00 per share for a minimum of ten consecutive business days.
- Immediate Effect: The company's stock continues to trade on The Nasdaq Capital Market under the ticker "STEX" while it seeks to regain compliance. An additional 180-day compliance period may be granted if certain conditions are met.