---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-040943"
form_type: "8-K"
ticker: "SNAL"
cik: "0001886894"
company_name: "Snail, Inc."
filed_at: "2026-09-01T13:00:11+00:00"
generated_at: "2026-09-01T13:01:09.861302+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Snail Games gets conditional Nasdaq listing extension, must hit $2.5M equity rule

## Summary
- On Aug 26, 2026, Nasdaq Hearings Panel granted conditional continued listing for SNAL on Nasdaq Capital Market.
- Condition: minimum stockholders' equity of $2,500,000 under Listing Rule 5550(b), plus compliance disclosure filing.
- Company regained bid price compliance via reverse split on July 2, 2026; prior delisting threat resolved.
- Must notify Panel of significant events; failure to meet equity condition results in delisting.

## SEC filing metadata
- accession: 0001493152-26-040943
- form_type: 8-K
- ticker: SNAL
- cik: 0001886894
- company_name: Snail, Inc.
- filed_at: 2026-09-01T13:00:11+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1886894/000149315226040943/0001493152-26-040943-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1886894/000149315226040943/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-040943
- JSON: https://secwatch.observer/filing/0001493152-26-040943.json
- Plain text: https://secwatch.observer/filing/0001493152-26-040943.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.