regulatory
confidence high
sentiment negative
materiality 0.65
Callan JMB receives Nasdaq delisting notice for bid price below $1.00
CALLAN JMB INC.
- Nasdaq notified Callan JMB on June 29, 2026 that its common stock failed to meet the $1.00 minimum bid price for 30 consecutive business days.
- Company has 180 calendar days, until December 28, 2026, to regain compliance by closing at $1.00 or more for at least 10 consecutive business days.
- If not compliant by December 28, 2026, Callan JMB may be eligible for an additional 180-day cure period if it meets other listing standards.
- Company is considering available options, including a reverse stock split, to regain compliance.
- Stock continues trading on Nasdaq Capital Market under symbol CJMB; no immediate delisting effect.