Expion360 Inc. 8-K
Research Summary
AI-generated summary
Expion360 Inc. Receives Nasdaq Notice Over Low Stock Price
What Happened
On January 29, 2026, Nasdaq’s Listing Qualifications staff determined that Expion360 Inc.’s common stock closed below the $1.00 minimum required by Nasdaq Listing Rule 5550(a)(2) for the prior 30 consecutive business days and issued a Staff Determination. The Company received an 180-calendar-day compliance period from Nasdaq—running through July 28, 2026—to regain compliance. Expion360 filed the related Form 8-K on January 30, 2026 and says it is evaluating options to regain compliance, but cautions there is no assurance it will succeed.
Key Details
- Staff Determination date: January 29, 2026.
- Rule cited: Nasdaq Listing Rule 5550(a)(2) — $1.00 minimum bid price requirement.
- Initial compliance period: 180 calendar days, expiring July 28, 2026.
- Possible additional remedy: an extra 180-day period may be available if the Company meets Nasdaq’s market-value and other initial listing standards (except the bid price), provides written notice of intent to cure, and could effect a reverse stock split if necessary.
Why It Matters
A Nasdaq notice for failure to meet the $1.00 bid-price rule puts the stock at risk of delisting, which can reduce liquidity, limit investor interest, and make raising capital more difficult. The Company has a defined window to fix the deficiency (commonly by restoring the share price or effecting a reverse split), but there is no guarantee of success. Investors should monitor the Company’s announcements for any corrective actions or updates on Nasdaq status.