Jul. 24 at 2:14 PM
$NDAQ Major NASDAQ rule change to be published in the Federal Register on Monday
https://public-inspection.federalregister.gov/2026-15060.pdf
• Companies now required to maintain minimum value of listed securities (MVLS) of at least
$5M.
• If MVLS falls below
$5M for 30 consecutive trading days, company will be delisted.
• ZERO cure time. No compliance periods when a company goes 30 days below
$5M MVLS. Automatic delisting.
• Companies can appeal. However, the appeal will not delay the suspension of trading. Companies will still be suspended by NASDAQ and most likely shift to OTC during the appeal process.
New rule will take effect after the approval is published in the Federal Register. r. The hearings panel may also grant up to 180 days for the company to demonstrate that it meets all initial listing requirements. Note that these are much stricter thresholds than continued listing requirements (ex.
$4 min bid price vs
$1).
New rule will take effect after teh approval is published in the Federal Register.