Streamex Corp: Nasdaq notice of $1.00 bid price noncompliance

What happened Streamex Corp reported that on Oct 7, 2026 it received a letter from the Nasdaq Listing Qualifications staff notifying the Company that, based upon the closing bid price for the 30 consecutive business days from Aug 25, 2026 through Oct 6, 2026, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2), the $1.00 minimum bid price requirement. The notice provides a 180-calendar-day compliance period under Nasdaq Listing Rule 5810(c)(3)(A), until Apr 5, 2027, for the Company to regain compliance.

Key details

• The closing bid price must be at least $1.00 per share for a minimum of ten consecutive business days during the compliance period to regain compliance.
• If the Company elects a reverse stock split to regain compliance, it must complete the reverse split no later than ten business days prior to Apr 5, 2027.
• If the closing bid price is $0.10 or less for ten consecutive trading days during the compliance period, Nasdaq will issue a Staff Delisting Determination.
• The Notice has no immediate effect on listing or trading; the Company’s common stock will continue to be listed and traded on The Nasdaq Capital Market under the symbol STEX.

Why it may matter This report was made under Item 3.01: Notice of delisting or failure to satisfy a continued listing rule or standard, which covers Nasdaq’s notification regarding the minimum bid price requirement and the 180-calendar-day compliance period. The filing contains forward-looking statements about regaining compliance and possible actions such as a reverse stock split. The filing does not show why the insider traded or why the company acted.