Giftify Receives Nasdaq Noncompliance Notice

3/27/2026
Impact: -75
Technology

On March 24, 2026, Giftify received a notice from Nasdaq indicating noncompliance with Listing Rule 5550(a)(2), which requires a minimum bid price of $1 per share. The company's closing bid price has not met this requirement for the last 30 consecutive business days. Giftify has 180 calendar days to regain compliance by maintaining a closing bid price of at least $1 for ten consecutive business days.

AI summary, not financial advice

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