Giftify, Inc. Notified of Nasdaq Minimum Bid Price Deficiency

What Happened
Giftify, Inc. (GIFT) announced in an 8-K that on August 3, 2026 it received a notice from the Nasdaq Listing Qualifications department stating the Company’s common stock has not met Nasdaq Rule 5550(a)(2)’s $1 minimum bid price requirement for the last 30 consecutive business days. Nasdaq advised that under Rule 5810(c)(3)(A) Giftify has 180 calendar days to regain compliance by achieving a closing bid of at least $1 for a minimum of ten consecutive business days.

Key Details

• Notice received: August 3, 2026.
• Nasdaq rule cited: Rule 5550(a)(2) (minimum $1 bid price) and Rule 5810(c)(3)(A) (compliance period).
• Compliance window: 180 calendar days to regain $1 closing bid for at least 10 consecutive business days.
• Extension: Nasdaq may grant an additional 180-day period if the company meets other listing standards (e.g., market value of publicly held shares, shareholders’ equity).

Why It Matters
This notice is a formal warning that Giftify must meet Nasdaq’s minimum bid-price standard within the specified timeframe or face possible delisting proceedings. For investors, failure to regain compliance could affect the stock’s listing status, liquidity, and visibility on Nasdaq. The filing does not state any remediation steps or financial results; it only discloses the receipt of Nasdaq’s noncompliance notice and the available compliance period.