Expion360 Faces Nasdaq Delisting After Failing Minimum Bid Price Requirement

Reuters01-31 05:24
Expion360 Faces Nasdaq Delisting After Failing Minimum Bid Price Requirement

Expion360 Inc. has received a notice from the Nasdaq Stock Market indicating that its common stock has closed below the required $1.00 minimum bid price for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). As a result, the company faces potential delisting from the Nasdaq Capital Market. Expion360 has been granted a 180-day period, ending July 28, 2026, to regain compliance. If it fails to meet the minimum bid price requirement within this period, it may qualify for an additional 180-day extension if other listing standards are met. The company is currently evaluating options to address the deficiency but warns there is no assurance it will succeed in regaining compliance.

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. Expion360 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: 0001903596-26-000022), on January 30, 2026, and is solely responsible for the information contained therein.

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