Synergy CHC Corp. Delisting After Chapter 11 Filing

What Happened Synergy CHC Corp. announced that it and certain subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the District of Columbia on September 4, 2026. On September 11, 2026, the Nasdaq Listing Qualifications staff informed the company it had determined to delist the company's securities under Nasdaq Rules 5101, 5110(b) and IM-5101-1. Nasdaq cited the bankruptcy filing, concerns about residual equity interests of current holders, and doubts about the company’s ability to meet continuing listing requirements. The company does not intend to appeal, and Nasdaq expects to suspend trading at the opening of business on September 18, 2026, and file a Form 25‑NSE to remove the listing.

Key Details

• Chapter 11 petitions filed: September 4, 2026 (Company and certain subsidiaries).
• Nasdaq delisting notice received: September 11, 2026.
• Trading suspension expected: opening of business on September 18, 2026.
• Nasdaq rules cited: 5101, 5110(b), IM-5101-1; company does not plan to appeal; Form 25‑NSE to be filed.

Why It Matters A Nasdaq delisting and a pending Chapter 11 filing are material events that typically reduce liquidity and could limit investors’ ability to trade the company’s common stock on a major exchange. Removal from Nasdaq may move the stock to over‑the‑counter markets (if tradable at all), often resulting in wider bid-ask spreads and reduced visibility for investors. The company’s statement that it will not appeal signals the delisting is likely to proceed as announced. Investors should review the Chapter 11 filings and related disclosures for details on restructuring, creditor claims, and potential impacts on equity value.