Jun. 17 at 12:34 PM
$MOBX As of April 28, 2025, Mobix Labs, Inc. (Nasdaq: MOBX) is non-compliant with Nasdaq's listing requirements, specifically Nasdaq Listing Rule 5550(a)(2), which mandates a minimum bid price of
$1.00 per share, and Nasdaq Listing Rule 5550(b)(2), which requires a minimum market value of listed securities of
$35 million. The company’s stock has traded below these thresholds for 30 consecutive business days, with a current share price of
$0.70 and a market capitalization of
$27.65 million. Mobix Labs has until October 27, 2025, to regain compliance by achieving a closing bid price of
$1.00 or higher and a market value of
$35 million or more for at least ten consecutive business days. Failure to meet these standards could lead to delisting, though the company may appeal or request an additional 180-day compliance period for the bid price requirement. Mobix Labs is monitoring its stock performance and considering options to regain compliance, but there is no guarantee of success.
