Delixy regains Nasdaq minimum bid price compliance after 1-for-5 reverse split
Bitget2026/10/14 12:04- Delixy regained compliance with Nasdaq’s US$1 minimum bid price rule, removing a potential delisting risk.
- Nasdaq issued a compliance letter on Oct. 13, 2026, closing the matter under Listing Rule 5550(a)(2).
- The shares met the threshold for 10 straight sessions from Sept. 29, 2026 to Oct. 12, 2026.
- Trading shifted to a post-split basis on Sept. 28, 2026 following a 1-for-5 reverse share split.
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