Agroz Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Rhea-AI Summary

Agroz (NASDAQ: AGRZ) received a Nasdaq deficiency letter for failing to meet the $1.00 minimum bid price requirement after the closing bid was below $1 for 30 consecutive business days. The letter imposes a 180-day compliance period ending August 17, 2026 to regain compliance.

Nasdaq may grant a second 180-day extension if other listing standards are met; the company said it will monitor the closing price and consider options, including a reverse stock split if necessary.

Positive

• Company has a 180-day compliance window ending August 17, 2026
• Eligible for an additional 180-day extension if other Nasdaq standards met
• No immediate effect on the company's Nasdaq listing

Negative

• Closing bid price below $1.00 for 30 consecutive business days
• Potential delisting risk if compliance not regained by August 17, 2026
• Reverse stock split possible, which could dilute existing shareholders

News Market Reaction – AGRZ

-0.50%

1 alert

-0.50% News Effect

On the day this news was published, AGRZ declined 0.50%, reflecting a mild negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Minimum bid price: $1.00 per share Non-compliance period: 30 consecutive business days Initial compliance period: 180 days +5 more

8 metrics

Minimum bid price $1.00 per share Nasdaq Listing Rule 5550(a)(2) requirement

Non-compliance period 30 consecutive business days Ordinary Shares closed below $1.00 bid price

Initial compliance period 180 days Deadline to regain bid-price compliance

Compliance date August 17, 2026 End of initial 180-day compliance period

Required compliant days 10 consecutive business days Minimum streak with bid at or above $1.00

Extension length Additional 180 days Potential second compliance period if criteria met

Note principal $3,330,000.00 Secured promissory note issued Feb 10, 2026

Net proceeds $2,740,440.00 Cash received after commissions and fees

Market Reality Check

Price: $0.4010 Vol: Volume 87,080 is about 0....

low vol

$0.4010 Last Close

Volume Volume 87,080 is about 0.16x the 20-day average of 556,326, indicating subdued trading ahead of the deficiency notice. low

Technical Shares at $0.403 are trading below the 200-day MA of $2.19 and sit -94.4% below the 52-week high of $7.20.

Historical Context

5 past events · Latest: Dec 17 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Dec 17	AI crop milestone	Positive	+0.5%	Announced AI-powered capability to grow Japanese strawberries for future distribution.
Dec 03	Robotics launch	Positive	-33.6%	Launched Agroz Robotics with UBTECH to automate vertical farm operations.
Nov 13	Research coverage	Positive	-8.0%	Crystal Research report profiling AI-powered vertical farming model released.
Nov 06	Market expansion plans	Positive	-7.3%	Outlined plans to expand offerings into GCC and Southeast Asia markets.
Oct 30	Robotics preview	Positive	-1.6%	Planned debut of Agroz Robotics at Fortune Innovation Forum 2025.

Pattern Detected

Recent AI and expansion announcements were generally positive in tone but often met with negative price reactions, suggesting a pattern of investor skepticism toward upbeat strategic news.

Recent Company History

Over the past several months, Agroz focused on AI-driven vertical farming and robotics initiatives. Announcements included launching Agroz Robotics with UBTECH, expansion plans into Southeast Asia and GCC markets, and a research report profiling its AI-powered CEA model. Despite these seemingly positive developments, four of the last five news events saw negative 24-hour price reactions, including a -33.61% move on Dec 3, 2025. Today’s Nasdaq bid-price deficiency notice follows this backdrop of strategic updates amid sustained share-price weakness.

Market Pulse Summary

This announcement formalizes Nasdaq’s notice that Agroz’s shares traded below the $1.00 minimum bid ...

Analysis

This announcement formalizes Nasdaq’s notice that Agroz’s shares traded below the $1.00 minimum bid for 30 straight business days, triggering a 180-day compliance period ending August 17, 2026. The company could receive an additional 180 days if it meets other listing standards and pursues remedies such as a reverse split. In parallel, recent secured financing and past going-concern language in audit reports underscore balance-sheet and operational risks that readers may track alongside any compliance actions.

Key Terms

minimum bid price, controlled environment agriculture, reverse stock split, delist

4 terms

minimum bid price regulatory

"was below the minimum $1.00 per share requirement for continued listing on Nasdaq"

The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.

controlled environment agriculture technical

"operating indoor Controlled Environment Agriculture vertical farms"

Controlled environment agriculture is the practice of growing fruits, vegetables or herbs inside purpose-built spaces—such as greenhouses or indoor farms—where light, temperature, humidity and water are tightly managed to produce consistent crops year-round. Investors watch it because it turns farming into a predictable, scalable operation (like a factory for plants), affecting yields, costs, supply reliability and price stability, and therefore the revenue and risk profile of businesses involved.

reverse stock split financial

"intention to cure the deficiency during the second compliance period, by effecting a reverse stock split"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

delist regulatory

"Nasdaq will notify the Company of its determination to delist the Company's Ordinary Shares"

Delist means a company’s shares are removed from a public stock exchange so they can no longer be bought or sold on that market. Think of it like a product being taken off a supermarket shelf: the stock becomes harder to find, often leads to less trading, wider price swings, and reduced transparency, which matters to investors because it can limit ability to sell, change the value of holdings, and signal regulatory or financial problems.

AI-generated analysis. Not financial advice.

KUALA LUMPUR, Malaysia, Feb. 24, 2026 /PRNewswire/ -- Agroz Inc. (NASDAQ: AGRZ) ("Agroz" or the "Company"), an innovative, fully vertically integrated agricultural technology company designing, building, managing, and operating indoor Controlled Environment Agriculture vertical farms, today announced that it received a deficiency letter ("Deficiency Letter") from the Listing Qualifications Department (the "Staff") of The Nasdaq Capital Market ("Nasdaq") notifying the Company that, for the preceding 30 consecutive business days, the closing bid price for the Company's Ordinary Shares, par value $0.0001 per share (the "Ordinary Shares"), was below the minimum $1.00 per share requirement for continued listing on Nasdaq pursuant to Nasdaq Listing Rule 5550(a)(2) (the "Bid Price Requirement").

The Company's receipt of this Deficiency Letter has no immediate effect on the Company's Nasdaq listing. In accordance with Nasdaq rules, the Company has been provided an initial period of 180 calendar days, or until August 17, 2026 (the "Compliance Date", and such 180 day period, the "Compliance Period"), to regain compliance with the Bid Price Requirement. If at any time during the Compliance Period the closing bid price of the Ordinary Shares is at least $1 for a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation of compliance and thismatter will be closed.

If the Company does not regain compliance during the Compliance Period, the Company may be eligible for an extension of an additional 180 calendar days, provided that the Company meets the continued listing requirement for market value of publicly held shares and all other initial listing standards for Nasdaq except for the Bid Price Requirement, and provide a written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. If the Company chooses to implement a reverse stock split, it must complete such split no later than ten (10) business days prior to the Compliance Date. If it appears to the Staff that the Company will not be able to cure its deficiency, or if the Company is otherwise not eligible, Nasdaq will notify the Company of its determination to delist the Company's Ordinary Shares, at which point the Company will have an opportunity to appeal the delisting determination to a Hearings Panel.

The Company intends to monitor the closing bid price of the Common Shares and may, if appropriate, consider available options to regain compliance with the Bid Price Requirement.

About Agroz Inc.

Agroz Inc. is an innovative, fully vertically integrated agricultural technology company designing, building, managing, and operating indoor and outdoor Controlled Environment Agriculture ("CEA") vertical farms. Agroz also operates CEA vertical farms in local communities to grow and deliver clean, pesticide free, fresh and nutritious rich vegetables directly to consumers and businesses, and to educate the public on how its vegetables are grown. Agroz believes its competitive advantage stems from its proprietary Agroz OS system, a vertical farm operating system comprised of (i) digitally automated hardware systems enabling management of vertical farm conditions, and (ii) certain software solutions enabling email and communication systems for vertical farm organization. 

CAUTIONARY STATEMENT CONCERNING FORWARD-LOOKING STATEMENTS

This press release contains "forward-looking statements." You can identify forward-looking statements as those that are not historical in nature, particularly those that use terminology such as "may," "should," "expects," "anticipates," "contemplates," "estimates," "believes," "plans," "projected," "predicts," "potential," or "hopes" or the negative of these or similar terms. The reader is cautioned not to rely on these forward-looking statements. Actual results could vary materially from the expectations and projections of Agroz. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including, without limitation, statements regarding the closing of the Offering and the use of proceeds from the sale of our ordinary shares in the Offering. These and other factors may cause our actual results to differ materially from any forward-looking statement. Forward-looking statements are only predictions. The forward-looking statements discussed in this press release and other statements made from time to time by us or our representatives may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us more fully described in Agroz's filings with the SEC. We do not undertake to update any forward-looking statement as a result of new information or future events or developments, except as required by U.S. federal securities laws.

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SOURCE Agroz Inc

FAQ

Why did Nasdaq notify Agroz (AGRZ) about a minimum bid price deficiency on February 24, 2026?

Because the closing bid price for Agroz ordinary shares was below the required $1.00 for 30 consecutive business days. According to the company, Nasdaq's Listing Rule 5550(a)(2) triggered a Deficiency Letter and a formal 180-day Compliance Period.

How long does Agroz (AGRZ) have to regain compliance with Nasdaq's $1.00 bid price rule?

Agroz has an initial 180-calendar-day Compliance Period ending August 17, 2026 to regain the $1.00 closing bid price. According to the company, Nasdaq will confirm compliance after ten consecutive business days at or above $1.00.

Can Agroz (AGRZ) get more time if it cannot meet Nasdaq's $1.00 requirement by August 17, 2026?

Yes, Agroz may be eligible for a second 180-day extension if it meets other listing requirements and market-value tests. According to the company, it must notify Nasdaq in writing of its intention to cure the deficiency.

What options did Agroz (AGRZ) say it may consider to regain Nasdaq compliance?

The company said it will monitor the closing bid and may consider options including a reverse stock split if appropriate. According to the company, any reverse split must be completed no later than ten business days before the Compliance Date.

What happens if Agroz (AGRZ) cannot cure the Nasdaq bid price deficiency?

If Agroz cannot cure the deficiency and is ineligible for extension, Nasdaq may move to delist the shares and notify the company of delisting. According to the company, it would then have an opportunity to appeal to a Nasdaq Hearings Panel.