Aterian Faces Nasdaq Delisting Risk Over Sub-$1 Share Price

Reuters12-13 05:43
Aterian Faces Nasdaq Delisting Risk Over Sub-$1 Share Price

Aterian Inc. has received a notice from the Nasdaq Stock Market indicating that the company is not in compliance with the minimum $1.00 per share bid price requirement for continued listing on the Nasdaq Capital Market. The company has until June 8, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for a minimum of 10 consecutive business days. If compliance is not achieved within this period, Aterian may be granted an additional 180 days, subject to meeting certain criteria. Failure to regain compliance could result in delisting from Nasdaq, though the company would have the right to appeal any delisting determination.

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