Meridian Holdings regains Nasdaq minimum bid price compliance after 1-for-12 reverse split

Meridian Holdings Inc./NV

Received Nasdaq deficiency notice Dec 31, 2025 for bid price below $1.00 for 34 consecutive days.
Effected 1-for-12 reverse stock split on March 3, 2026 to address the deficiency.
On March 17, 2026, Nasdaq confirmed compliance as closing bid price was ≥$1.00 for 10 consecutive business days.
Nasdaq has closed the matter; the company retains its listing on The Nasdaq Capital Market.

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