regulatory
confidence high
sentiment negative
materiality 0.70
Hain Celestial shifts to Nasdaq Capital Market, gets until March 22, 2027 to regain $1 minimum bid compliance
HAIN CELESTIAL GROUP INC
- Nasdaq approved moving HAIN common stock from the Nasdaq Global Select Market to the Nasdaq Capital Market, effective at the open on September 24, 2026; ticker remains HAIN.
- Second compliance period runs until March 22, 2027; compliance is regained if the bid price closes at or above $1.00 for 10 consecutive business days. A reverse stock split is possible if needed.
- Nasdaq's March 24, 2026 letter cited 30 consecutive business days of sub-$1.00 closes; the initial 180-day period ended September 21, 2026.
- Senior VP and Chief Accounting Officer Michael J. Ragusa will resign effective November 1, 2026 for another opportunity; CFO Lee A. Boyce adds principal accounting officer duties.