Nasdaq Warns Reliance Global Group Over Minimum Bid Price Compliance

Reuters12-19
Nasdaq Warns Reliance Global Group Over Minimum Bid Price Compliance

Reliance Global Group Inc. has received a notice from the Nasdaq Stock Market indicating that it is not in compliance with the $1.00 minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company has 180 calendar days, until June 10, 2026, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. Failure to comply may result in delisting, although the company could be eligible for an additional 180-day compliance period if it meets other listing requirements and notifies Nasdaq of its plans to cure the deficiency, potentially through a reverse stock split. The company is currently monitoring its stock price and evaluating options to address the issue.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reliance Global Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-25-028348), on December 18, 2025, and is solely responsible for the information contained therein.
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