CarParts.com (NASDAQ: PRTS) announced it has regained compliance with Nasdaq’s minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2).
Nasdaq confirmed the closing bid price was at least $1.00 for 10 consecutive business days, so the matter is closed and PRTS remains listed on the Nasdaq Capital Market.
Maintains continued listing on the Nasdaq Capital Market under ticker PRTS
Achieved at least $1.00 closing bid for 10 consecutive business days
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Market Context
This announcement confirms that CarParts.com met Nasdaq’s $1.00 minimum bid requirement for 10 conse...
Analysis
This announcement confirms that CarParts.com met Nasdaq’s $1.00 minimum bid requirement for 10 consecutive business days, keeping its listing on the Nasdaq Capital Market. The update follows a recent 1-for-10 reverse stock split and a Form S-3 registering resale of 1,000,000 private placement shares. Investors may track how these structural changes, alongside previously reported losses and ongoing strategic initiatives, influence trading liquidity, share supply, and the company’s ability to sustain compliance over time.
Key Figures
Nasdaq bid requirement:$1.00 per shareCompliance period:10 business daysRegistered resale shares:1,000,000 shares+5 more
8 metrics
Nasdaq bid requirement$1.00 per shareMinimum bid price under Nasdaq Listing Rule 5550(a)(2)
Compliance period10 business daysClosing bid at or above $1.00 from May 26–Jun 8, 2026
Registered resale shares1,000,000 sharesForm S-3 shelf prospectus for selling stockholders
Reported lower net sales and wider fiscal net loss with negative EBITDA.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent news has generally seen modest positive price reactions, even around mixed or dilutive developments, with only one notable negative move on weak full-year results.
Recent Company History
Over the last few months, CarParts.com reported Q4 and fiscal 2025 results on Mar 5, 2026 with lower net sales and a wider net loss, prompting a -3.13% move. A March partnership and $8.0M private placement led to a +1.07% reaction. Launch of the CarParts.com Mastercard® on Apr 14 and an earnings call setup on Apr 16 both saw small gains. Q1 2026 results on May 7 produced a near-flat move. Today’s compliance news fits into a period of operational initiatives, capital actions, and governance adjustments.
Key Terms
nasdaq capital market, form s-3, shelf registration statement, reverse stock split, +3 more
7 terms
nasdaq capital marketregulatory
"the Company remains listed on the Nasdaq Capital Market under the ticker symbol"
The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.
form s-3regulatory
"filed a Form S-3 shelf prospectus to register resale by selling stockholders"
Form S-3 is a legal document companies use to register their stock sales with the government, making it easier and faster for them to raise money by selling shares to investors. It’s like having a pre-approved shopping list that lets a company quickly sell new shares when they need funds, without going through a lengthy approval process each time.
shelf registration statementregulatory
"[S-3] CarParts.com, Inc. Shelf Registration Statement"
A shelf registration statement is a document a company files with regulators that allows it to sell shares or bonds quickly when it’s a good time to raise money. It’s like having a pre-approved plan ready so the company can act fast without going through lengthy paperwork each time they want to sell, making fundraising more flexible.
reverse stock splitfinancial
"implementing a 1‑for‑10 reverse stock split of its common stock"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
restricted stock unitsfinancial
"received a grant of 218,342 cash-settled restricted stock units (RSUs)"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
rsusfinancial
"186,717 Restricted Stock Units (RSUs). These are cash-settled awards"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
tax benefits preservation planregulatory
"is ending its Tax Benefits Preservation Plan, also called the NOL Rights Plan"
A tax benefits preservation plan is a company’s set of policies and actions designed to protect valuable tax attributes—like net operating losses, credits, or favorable tax statuses—when the business changes ownership, reorganizes, or conducts large transactions. Investors care because preserving these tax benefits can reduce future tax bills and improve cash flow, much like keeping a valuable coupon valid so future purchases cost less, which can affect earnings and valuation.
LONG BEACH, Calif., June 9, 2026 /PRNewswire/ -- CarParts.com, Inc. (NASDAQ: PRTS) today announced that on June 9, 2026, the Company received a letter (the "Compliance Letter") from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). As a result, the matter has been closed.
Nasdaq has since determined that, for the last 10 consecutive business days, from May 26, 2026 to June 8, 2026, the closing bid price of the Company's shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2). With Nasdaq's confirmation of compliance, the Company remains listed on the Nasdaq Capital Market under the ticker symbol "PRTS".
About CarParts.com, Inc. CarParts.com, Inc. is a technology-led ecommerce company offering over 1.5 million quality automotive parts and accessories. Operating for over 30 years, the Company serves over 2.5 million unique customers annually through its website and mobile app, backed by a nationwide, company-operated distribution network providing 2-day delivery to approximately 95% of the continental United States. The company operates CarParts.com and a portfolio of brands including JC Whitney®, Kool-Vue, Evan Fischer, Garage-Pro, and CarParts Wholesale. For more information, visit CarParts.com.
CarParts.com is headquartered in Long Beach, California.
What did CarParts.com (NASDAQ: PRTS) announce about Nasdaq bid price compliance on June 9, 2026?
CarParts.com announced it regained compliance with Nasdaq’s $1.00 minimum bid price rule on June 9, 2026. According to CarParts.com, Nasdaq confirmed the issue is closed and the company satisfies Listing Rule 5550(a)(2) after a qualifying trading period.
How did CarParts.com regain compliance with Nasdaq Listing Rule 5550(a)(2) for PRTS stock?
CarParts.com regained compliance after its closing bid price stayed at or above $1.00 for 10 consecutive business days. According to CarParts.com, this qualifying period ran from May 26, 2026 to June 8, 2026, satisfying Nasdaq’s minimum bid requirement.
What does Nasdaq bid price compliance mean for CarParts.com (PRTS) shareholders?
Nasdaq bid price compliance means CarParts.com avoids delisting for failing the $1.00 minimum bid requirement. According to CarParts.com, PRTS remains listed on the Nasdaq Capital Market, preserving trading liquidity and continued access to a major U.S. exchange.
Is CarParts.com (NASDAQ: PRTS) still listed on the Nasdaq Capital Market after regaining compliance?
Yes, CarParts.com remains listed on the Nasdaq Capital Market under ticker PRTS after regaining bid price compliance. According to CarParts.com, Nasdaq has closed the matter now that the stock met the $1.00 minimum for 10 consecutive business days.
Over what dates did CarParts.com meet Nasdaq’s $1.00 minimum bid price requirement for PRTS?
CarParts.com met Nasdaq’s $1.00 minimum bid requirement from May 26, 2026 to June 8, 2026. According to CarParts.com, the closing bid price for PRTS shares was at least $1.00 on each of these 10 consecutive business days.
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