regulatory
confidence high
sentiment negative
materiality 0.65
SunPower receives Nasdaq delisting notice for bid price below $1.00
SunPower Inc.
- Nasdaq notified SunPower on July 21, 2026 of non-compliance with minimum bid price of $1.00 per share.
- Company has 180 calendar days, until January 19, 2027, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not cured, SunPower may seek an additional 180-day period by meeting other listing standards for the Nasdaq Capital Market.
- SunPower intends to monitor its stock price and evaluate options, including a potential reverse stock split.