regulatory
confidence high
sentiment negative
materiality 0.75
Aqua Metals receives Nasdaq delisting notice for bid price non-compliance; plans appeal and reverse split vote
Aqua Metals, Inc.
- Nasdaq notified Aqua Metals on July 2, 2025 that its stock bid price closed below $1.00 for 30 straight days.
- Due to a reverse stock split within the prior year, Aqua Metals is not eligible for a compliance period and faces delisting.
- Company will appeal to Nasdaq Hearing Panel by July 9, 2025, which will stay delisting pending the appeal.
- Shareholder meeting scheduled for July 22, 2025 to vote on a reverse stock split (ratio 1:2 to 1:10) to regain compliance.
- No guarantee that stockholders will approve the reverse split or that compliance will be achieved in time.
item 3.01