regulatory
confidence high
sentiment positive
materiality 0.55
DataMeds AI regains Nasdaq $2.5M stockholders' equity compliance after April delisting notice
Wellgistics Health, Inc.
- Nasdaq Staff notice dated Oct. 19, 2026 confirms DataMeds AI is back in compliance with Listing Rule 5550(b)(1), which requires $2.5M minimum stockholders' equity.
- The April 13, 2026 delisting notice cited stockholders' equity of $(12,447,801) at Dec. 31, 2025 and a separate failure to meet the $1.00 minimum bid price.
- Bid-price compliance was regained June 9, 2026; equity cure was evidenced in Form 8-K filings on Oct. 13 and Oct. 16, 2026 showing equity above $2.5M.
- Company cautions that failing to evidence compliance in its next periodic report could again subject MEDS to delisting proceedings.
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