SHF Holdings: Nasdaq grants additional 180 days to regain $1.00 bid

What happened On Oct 20, 2026, SHF Holdings, Inc. received a letter from the listing qualifications staff of The Nasdaq Stock Market LLC stating the company is eligible for an additional 180 calendar days, until Apr 19, 2027, to regain compliance with Nasdaq Listing Rule 5550(a)(2) to maintain a minimum closing bid price of $1.00 per share for its Class A common stock (the "Minimum Bid Price Requirement"). The company announced receipt of the letter in a press release dated Oct 20, 2026.

Key details

• The company’s previously disclosed initial 180 calendar day period to regain compliance expired Oct 19, 2026.
• Nasdaq’s determination was based on the company meeting the market value of publicly held shares and all other initial listing requirements except the Minimum Bid Price Requirement.
• Compliance will be confirmed if the closing bid price is at least $1.00 per share for a minimum of 10 consecutive business days.
• If compliance is not regained by Apr 19, 2027, Nasdaq will notify the company that its securities will be subject to delisting; the company may appeal to a Nasdaq Hearings Panel, but a timely hearing request would not stay suspension of trading.

Why it may matter This item was reported under Item 3.01, notice of delisting or failure to satisfy a continued listing rule or standard, which covers Nasdaq’s minimum bid price requirement for continued listing. The filing says the company may evaluate options, including effecting a reverse stock split, to resolve the deficiency. A filing does not show why the insider traded or why the company acted.