regulatory
confidence high
sentiment negative
materiality 0.60
XWELL gets Nasdaq $1.00 minimum bid price notice; deadline April 5, 2027 to regain compliance
XWELL, Inc.
- Nasdaq staff letter dated Oct 7, 2026: closing bid price below $1.00 for 30 consecutive business days from Aug 25 through Oct 6, 2026.
- 180-calendar-day compliance period runs until April 5, 2027; requires a closing bid of at least $1.00 for a minimum of 10 consecutive business days.
- Any reverse stock split used to cure the deficiency must be completed at least 10 business days before April 5, 2027.
- A closing bid of $0.10 or less for 10 straight trading days would trigger a Nasdaq Staff Delisting Determination.
- XWEL keeps trading on the Nasdaq Capital Market; a second 180-day period is possible if market value of publicly held shares and other initial listing standards are met.
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