regulatory
confidence high
sentiment negative
materiality 0.75
Worksport receives Nasdaq delisting notice for bid price below $1.00
Worksport Ltd
- On Aug 13, 2026, Nasdaq notified Worksport that bid price was below $1.00 for 30 consecutive business days (Jul 1-Aug 12, 2026).
- Company has 180 days, until Feb 9, 2027, to regain compliance; needs $1.00 closing bid for 10 consecutive business days.
- May be eligible for an additional 180-day cure period if it meets other Nasdaq Capital Market listing standards.
- No immediate effect on listing; WKSP continues trading on Nasdaq Capital Market during compliance period.
- Company will monitor bid price and consider options, including a reverse stock split if necessary.
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Selected #6 for 2026-08-14.
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