other material
confidence high
sentiment negative
materiality 0.80
New Fortress Energy Inc. (NFE): Nasdaq/NYSE listing notice — New Fortress Energy receives Nasdaq delisting notice for bid price below $1.00
New Fortress Energy Inc.
- Received Nasdaq notice on May 1, 2026 for closing bid price under $1.00 for 30 consecutive days.
- Has 180 days, until October 28, 2026, to regain compliance by closing at $1.00 for 10 days.
- Intends to seek stockholder approval for a reverse stock split to meet minimum bid price.
- No immediate delisting; compliance period applies, but failure could lead to delisting.
- No assurance of success; company evaluating all options to regain compliance.