regulatory
confidence high
sentiment negative
materiality 0.85
Datavault AI gets Nasdaq delisting notice; trading suspended Nov. 17, moves to OTC
Datavault AI Inc.
- Nasdaq letter dated Nov. 10, 2026 cites non-compliance with the $1.00 minimum bid price rule (Listing Rule 5550(a)(2)).
- Closing bid below $0.10 for 10 consecutive business days triggers a trading suspension at the open on Nov. 17, 2026 under Rule 5810(c)(3)(A)(iii).
- Datavault expects its common stock (DVLT) to be eligible to trade on OTC Markets under the same symbol starting Nov. 17, 2026.
- Company intends to timely request a hearing before the Nasdaq Hearings Panel, presenting a bid-price compliance plan and seeking an extension plus reinitiation of trading.
- Datavault cautions there is no assurance the Panel will grant continued listing or that it can regain compliance within any extension period.