regulatory
confidence high
sentiment negative
materiality 0.85
authID receives Nasdaq bid price deficiency notice; faces delisting risk
authID Inc.
- On Aug 27, 2026, Nasdaq notified authID that bid price closed below $1.00 for 30 straight business days (Jul 16-Aug 26).
- Company has until Feb 23, 2027 to regain compliance; needs $1.00+ for 10 consecutive days.
- Also previously disclosed non-compliance with Nasdaq stockholders' equity rule (5550(b)(1)).
- May consider reverse stock split to cure bid price deficiency, subject to stockholder approval.
- If not cured, Nasdaq may delist; company can appeal to Hearings Panel.