Expion360 Inc. CFO Resigns; Nasdaq Compliance Restored

What Happened Expion360 Inc. announced that Chief Financial Officer Shawna Bowin notified the board on July 29, 2026 that she is resigning for personal reasons and will continue in her role to assist with an orderly transition through approximately October 31, 2026. The company has begun a search for a new CFO. Separately, Expion360 confirmed it has regained compliance with Nasdaq Listing Rule 5550(a)(2) after its common stock closed above $1.00 for ten consecutive trading days as of August 3, 2026, and received a compliance letter from Nasdaq on August 4, 2026.

Key Details

• CFO Shawna Bowin notified the board on July 29, 2026 and will remain through roughly October 31, 2026 to support transition.
• The company has commenced a search for a replacement CFO.
• Nasdaq noncompliance notice initially issued January 29, 2026 for bid price below $1.00.
• As of August 3, 2026 the stock had 10 consecutive closes above $1.00 and Nasdaq confirmed compliance on August 4, 2026; Common Stock remains listed on The Nasdaq Capital Market.

Why It Matters A CFO departure is a material leadership change that can affect financial reporting, investor communications, and strategic execution; the company’s transition plan (Bowin staying through ~Oct 31, 2026 and an active search) reduces immediate disruption risk. Regaining Nasdaq compliance removes the near-term delisting threat tied to the $1.00 minimum bid-price rule, preserving trading liquidity and the company’s listing on The Nasdaq Capital Market. Investors should watch for the appointment of a new CFO and any related announcements about financial controls or reporting.