Bridgeline Digital: receives Nasdaq notice for low bid price

What happened Bridgeline Digital, Inc. reported that on Oct 14, 2026 it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC indicating that, based upon the closing bid price of the Company’s common stock for the 30 consecutive business days ended Oct 13, 2026, the Company no longer satisfies the requirement to maintain a minimum bid price of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The filing says the Company has been provided an initial period of 180 calendar days, until Apr 12, 2027, to regain compliance by satisfying the Bid Price Requirement for a minimum of 10 consecutive business days. The letter does not result in the immediate delisting of the Company’s common stock.

Key details

• Nasdaq Listing Rule cited: 5550(a)(2) (minimum bid price) and Nasdaq Listing Rule 5810(c)(3)(A) (initial compliance period).
• Initial Compliance Period: 180 calendar days, until Apr 12, 2027, to regain compliance for 10 consecutive business days.
• Additional Compliance Period: possible extra 180 calendar days if the Company satisfies the market value of publicly held shares and all other initial listing standards except the bid price, and provides written notice to Nasdaq of its intent to cure.
• The Company will continue to monitor the closing bid price of its common stock and consider available options.

Why it may matter This Item 3.01 notice reports that Nasdaq has determined the Company did not meet the $1.00 minimum closing bid price requirement and describes the timelines and conditions for regaining compliance. A filing does not show why the insider traded or why the company acted.