Nasdaq Warns Snail Inc. Over $1 Minimum Bid Price Compliance

Reuters01-03

Nasdaq Warns Snail Inc. Over $1 Minimum Bid Price Compliance

Snail Inc. has received a notice from the Nasdaq Stock Market indicating that its common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days, as mandated by Nasdaq Listing Rule 5550(a)(2). The company now has 180 calendar days, until June 29, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Snail Inc. is considering all available options to address the deficiency, including a potential reverse stock split. Failure to comply within the given period could lead to delisting, although the company may be eligible for an additional 180-day extension if certain conditions are met.

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. Snail 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: 0001493152-26-000108), on January 02, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Over $1 Minimum Bid Price Compliance\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Snail Inc. has received a notice from the Nasdaq Stock Market indicating that its common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days, as mandated by Nasdaq Listing Rule 5550(a)(2). The company now has 180 calendar days, until June 29, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days. Snail Inc. is considering all available options to address the deficiency, including a potential reverse stock split. 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Over $1 Minimum Bid Price Compliance\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2026-01-03 05:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Nasdaq Warns Snail Inc. 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Snail Inc. is considering all available options to address the deficiency, including a potential reverse stock split. Failure to comply within the given period could lead to delisting, although the company may be eligible for an additional 180-day extension if certain conditions are met.\n      \n\n\nDisclaimer: 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. Snail 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. 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