Kaival Brands Receives Nasdaq Extension to Regain $1 Minimum Bid Price Compliance, Faces Potential Delisting by March 2026

Reuters10-04
Kaival Brands Receives Nasdaq Extension to Regain $1 Minimum Bid Price Compliance, Faces Potential Delisting by March 2026

Kaival Brands Innovations Group Inc. announced that it has received a second notice from the Nasdaq Stock Market regarding non-compliance with the $1 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company now has until March 30, 2026, to regain compliance after being granted a 180-day extension. Kaival Brands stated it may implement a reverse stock split if necessary to meet the requirement. The company's shares will continue to trade under the ticker symbol "KAVL" during this period. If compliance is not achieved by the deadline, the company risks being delisted from Nasdaq.

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