Fusemachines Inc. Notified of Nasdaq Minimum Bid Price Deficiency

What Happened

• On September 18, 2026, Fusemachines Inc. announced it received a notification from the Nasdaq Listing Qualifications Department that its common stock has not met Nasdaq Listing Rule 5450(a)(1) (the $1.00 minimum bid price) because the closing bid was below $1.00 for at least 30 consecutive business days.
• The notification does not have an immediate effect on the listing; the Company’s shares remain listed. Under Nasdaq rules, Fusemachines has 180 calendar days from September 18, 2026 (until March 17, 2027) to regain compliance by having a closing bid of at least $1.00 for a minimum of 10 consecutive business days (Nasdaq may extend that to up to 20 consecutive business days).

Key Details

• Notification date: September 18, 2026. Compliance deadline: March 17, 2027 (180 days).
• Relevant rule: Nasdaq Listing Rule 5450(a)(1) — minimum $1.00 bid price requirement.
• To regain compliance: closing bid ≥ $1.00 for at least 10 consecutive business days (possible Nasdaq extension to 20 days).
• If not regained, the Company could be transferred to The Nasdaq Capital Market and receive an additional 180-day cure period if it meets other initial listing standards (excluding the minimum bid price).

Why It Matters

• For investors, this is a material listing-status notification: the stock remains listed now, but failure to meet the $1.00 bid requirement by March 17, 2027 could lead to a transfer to a different Nasdaq market tier or other listing consequences, which can affect liquidity and market perception.
• The Company said it will monitor the share price and evaluate options to regain compliance. No specific remediation measures were announced in the filing.