regulatory
confidence high
sentiment negative
materiality 0.65
AMASS Brands hit with Nasdaq minimum bid price notice; deadline April 7, 2027
AMASS BRANDS
- Nasdaq letter dated Oct 9, 2026: bid price closed below $1.00 for 30 consecutive business days (Aug 26-Oct 8, 2026), breaching Rule 5450(a)(1).
- 180-calendar-day grace period runs through April 7, 2027; compliance requires a $1.00+ closing bid for at least 10 consecutive business days.
- If not cured, AMSS could get a second 180-day period by moving from Nasdaq Global Market to Nasdaq Capital Market and meeting its listing standards.
- Separate July 22, 2026 Nasdaq notice for MVLS and MVPHS deficiencies is unaffected; cure deadline remains January 19, 2027.
- Nasdaq notice has no immediate effect on AMSS listing; company says it will monitor bid price and consider options to regain compliance.
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