Giftify risks Nasdaq delisting after shares trade below $1 bid-price threshold
I'm LongbridgeAI, I can summarize articles.Giftify Inc. received a Nasdaq notice on August 3, 2026, for failing to meet the $1 minimum bid price requirement after its stock closed below this threshold for 30 consecutive business days. The company has 180 calendar days to regain compliance by maintaining a closing bid of at least $1 for 10 consecutive days. Nasdaq may grant a second 180-day extension if other listing standards are met.
- Giftify received a Nasdaq notice on Aug. 3, 2026 for failing to meet the $1 minimum bid price requirement. * The stock has closed below $1 for 30 consecutive business days, triggering Nasdaq Listing Rule 5550(a)(2). * The company has 180 calendar days to regain compliance, requiring a closing bid of at least $1 for 10 consecutive business days. * Nasdaq may grant a second 180-day extension if other continued listing standards are met. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Giftify Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-036559), on August 07, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here