Nasdaq flags SurgePays for failing to meet USD 35 million market value listing rule

Reuters03-25
Nasdaq flags SurgePays for failing to meet USD 35 million market value listing rule
  • SurgePays received Nasdaq notices stating it no longer meets the $35.0 million minimum market value of listed securities requirement and is not in compliance with the $1.00 minimum bid price requirement.
  • Nasdaq said the notices do not immediately affect listing or trading, but the securities may be subject to delisting if compliance is not regained within 180 days.
  • Nasdaq indicated compliance would be restored if market value is at least $35.0 million for 10 consecutive business days and the bid price closes at or above $1.00 for 10 consecutive business days.


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. Surgepays 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: 0001493152-26-012370), on March 24, 2026, and is solely responsible for the information contained therein.

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