BullFrog AI Holdings Faces Nasdaq Listing Compliance Challenge Due to Stockholder Equity Shortfall

Reuters08-28
BullFrog AI Holdings Faces Nasdaq Listing Compliance Challenge Due to Stockholder Equity Shortfall

BullFrog AI Holdings Inc. announced that it received a notice from The Nasdaq Stock Market LLC on August 21, 2025, indicating non-compliance with Nasdaq Listing Rule 5550(b)(1). This rule requires a minimum stockholders' equity of $2,500,000 for continued listing on the Nasdaq Capital Market. The company's stockholders' equity was reported as $2,188,110 as of June 30, 2025. Despite this deficiency, BullFrog AI's common stock and tradable warrants will continue trading under the symbols "BFRG" and "BFRGW," respectively. The company has 45 days to submit a compliance plan and may receive a 180-day extension if the plan is accepted. Failure to comply could lead to delisting, although an appeal option is available. BullFrog AI intends to take measures to regain compliance, though there is no assurance of success.

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