DYADIC INTERNATIONAL INC 8-K

What Happened

• Dyadic International, Inc. announced it received a deficiency notice from Nasdaq on December 19, 2025, stating the company's common stock has not maintained the minimum $1 bid price for the last 30 consecutive business days, a violation of Nasdaq Listing Rule 5550(a)(2).
• The notice does not have immediate effect on the listing. Under Nasdaq Listing Rule 5810(c)(3)(A), Dyadic has 180 calendar days—until June 17, 2026—to regain compliance by achieving a closing bid price of at least $1 for a minimum of 10 consecutive business days.

Key Details

• Notice date: December 19, 2025.
• Compliance period: 180 calendar days, through June 17, 2026, to meet the $1 minimum bid for 10 consecutive business days.
• Possible second period: Company may be eligible for an additional 180 days if, on the Compliance Date, it meets Nasdaq’s market value of publicly held shares requirement and other initial listing standards (except the bid price).
• If compliance is not achieved and the Staff determines the deficiency cannot be cured, Nasdaq may notify the Company that its stock is subject to delisting; Dyadic can appeal but success is not guaranteed.

Why It Matters

• A Nasdaq deficiency notice signals a risk that the stock could be delisted if Dyadic does not regain the $1 bid price within the compliance window. Delisting can reduce liquidity, limit investor access, and affect valuation.
• The company said it will monitor its share price and evaluate options to regain compliance. Investors should watch the stock price, company updates, and any filings about remedial actions or appeals.