Tilray Brands, Inc. (TLRY): Nasdaq/NYSE listing notice — Tilray Brands gets 180 days to cure Nasdaq minimum bid price deficiency

Tilray Brands, Inc.

Received Nasdaq notice on March 25, 2025 for non-compliance with $1.00 minimum bid price rule.
Has until September 21, 2025 to close at $1.00 or more for 10 consecutive business days.
If not cured, may transfer to Nasdaq Capital Market for an additional 180-day compliance period.
Company will monitor bid price and evaluate options, including a potential reverse stock split.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Tilray Brands, Inc. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

March 25, 2025, Tilray Brands, Inc. (the “Company”) received written notice (the “Notice”) from the Nasdaq Listing Qualifications Department of the Nasdaq Stock Market, LLC (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) for continued listing on The Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the def

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Tilray Brands, Inc. filing history →

Source: SEC EDGAR

accession 0001437749-25-009162

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