SurgePays wins Nasdaq extension to regain $1 minimum bid price compliance by March 22, 2027
Bitget2026/09/29 12:03- SurgePays received a Nasdaq notice granting an extra 180 days, until March 22, 2027, to cure a $1.00 minimum bid-price deficiency.
- Failure to regain compliance by the deadline triggers a delisting notice, with an appeal option that would not stay a trading suspension.
- Nasdaq cited the company’s plan to use a reverse stock split if needed to restore compliance during the extended period.
- A separate Nasdaq letter found SurgePays back in compliance with the minimum stockholders’ equity rule under Listing Rule 5550(b)(1).
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