STAK Inc. Regains Compliance with Nasdaq Bid Price Requirement

STAK (Nasdaq: STAK) announced on April 14, 2026 that Nasdaq has confirmed the company has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2).

Rhea-AI Summary

STAK (Nasdaq: STAK) announced on April 14, 2026 that Nasdaq has confirmed the company has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2).

Nasdaq determined STAK's closing bid was at or above $1.00 for 10 consecutive business days from March 27, 2026 to April 10, 2026, and the matter has been closed, allowing STAK to remain listed on The Nasdaq Capital Market.

Positive

• Regained Nasdaq compliance after closing bid ≥ $1.00 for 10 consecutive business days
• Listing preserved on The Nasdaq Capital Market under ticker STAK
• Clear compliance timeline: March 27, 2026 to April 10, 2026

Negative

• Previously noted noncompliance beginning October 15, 2025 due to sub-$1.00 closing bid
• Share price volatility risk remains until sustained price stability is established

Argus Apr 14 session

-27.13% close to close Open Argus

Details

News Market Reaction – STAK

On Apr 14, the day this news came out, STAK closed 27.13% below the previous close.

Data tracked by StockTitan Argus for the Apr 14 session.

Market Context

On Apr 14, the day this news came out, the stock closed 27.1% below the previous close. A negative r...

Analysis

On Apr 14, the day this news came out, the stock closed 27.1% below the previous close. A negative reaction despite restored compliance with the $1.00 bid requirement would contrast with the ostensibly positive removal of delisting risk. Historically, the single recent capital-raising event coincided with a -4.8% move, showing sensitivity to dilution. Any selloff could reflect lingering concerns about the low $21.3M market cap, prior trading near the $0.29 52-week low, or broader risk perceptions around the listing.

Key Figures

Current share price: $1.12 Nasdaq bid requirement: $1.00 per share Non-compliance period: 30 consecutive business days +5 more

Current share price

$1.12

Pre-news price on 2026-04-14

Nasdaq bid requirement

$1.00 per share

Minimum bid under Nasdaq Listing Rule 5550(a)(2)

Non-compliance period

30 consecutive business days

Closing bid below $1.00 prior to October 15, 2025 notice

Compliance confirmation streak

10 consecutive business days

Closing bid at or above $1.00 from March 27–April 10, 2026

52-week high

$3.97

52-week price high before this news

52-week low

$0.29

52-week price low before this news

20-day avg volume

970,404 shares

Average daily volume vs. today’s 223,365 shares

Market cap

$21,323,487

Equity value pre-news on Nasdaq Capital Market

Historical Context

1 past event · Latest: Jan 08

1 event

1. Jan 08

   Registered direct offering

   24h Move

   -4.8%

   Capital raise via registered direct offering with warrants and share issuance.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

minimum bid price requirement, class a ordinary shares, nasdaq capital market

3 terms

minimum bid price requirement regulatory

"regained compliance with the minimum bid price requirement of $1.00 per share"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

class a ordinary shares financial

"the closing bid price of the Company's Class A ordinary shares had been below $1.00"

Class A ordinary shares are a type of ownership stake in a company that typically grants voting rights to shareholders, allowing them to have a say in important company decisions. They often come with priority in receiving dividends or profits, making them attractive to investors seeking influence and potential income. These shares help distinguish different levels of ownership and rights within a company's stock structure.

nasdaq capital market regulatory

"STAK remains listed on The Nasdaq Capital Market under the ticker symbol "STAK""

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.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHANGZHOU, China, April 14, 2026 /PRNewswire/ -- STAK Inc. (the "Company" or "STAK") (Nasdaq: STAK), a fast-growing company specializing in the research, development, manufacturing, and sale of oilfield-specialized production and maintenance equipment, today announced that on April 13, 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.

As previously disclosed, on October 15, 2025, the Company received a notification letter from Nasdaq indicating that the closing bid price of the Company's Class A ordinary shares had been below $1.00 per share for 30 consecutive business days. Nasdaq has since determined that, for the last 10 consecutive business days, from March 27, 2026 to April 10, 2026, the closing bid price of the Company's Class A ordinary 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, STAK remains listed on The Nasdaq Capital Market under the ticker symbol "STAK".

About STAK Inc.

STAK Inc. is a fast-growing company specializing in the research, development, manufacturing, and sale of oilfield-specific production and maintenance equipment. The Company designs and manufactures oilfield-specialized production and maintenance equipment, then collaborates with qualified specialized vehicle manufacturing companies to integrate the equipment onto vehicle chassis, producing specialized oilfield vehicles for sale. Additionally, the Company sells oilfield-specialized equipment components, related products, and provides automation solutions. Its vision is to help oilfield services companies reduce costs and increase efficiency by providing the cutting-edge integrated oilfield equipment and automation solutions service. Its mission is to become a powerful provider for the niche markets of specialized oilfield vehicles and equipment in China. For more information, please visit the Company's website at https://www.stakindustry.com/ir/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company's current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "approximates," "assesses," "believes," "hopes," "expects," "anticipates," "estimates," "projects," "intends," "plans," "will," "would," "should," "could," "may" or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

STAK Inc.
Investor Relations Department
Email: ir@stakindustry.com

Ascent Investor Relations LLC
Tina Xiao
President
Phone: +1-646-932-7242
Email: investors@ascent-ir.com 

View original content:https://www.prnewswire.com/news-releases/stak-inc-regains-compliance-with-nasdaq-bid-price-requirement-302741502.html

SOURCE STAK Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does STAK regaining compliance with Nasdaq Listing Rule 5550(a)(2) mean for shareholders of STAK?

It means STAK remains listed on Nasdaq and avoids delisting risk. According to the company, Nasdaq confirmed the closing bid was ≥ $1.00 for 10 consecutive business days, closing the compliance matter and preserving market access for shareholders.

When did Nasdaq determine STAK met the $1.00 minimum bid requirement (STAK)?

Nasdaq found STAK met the requirement for 10 consecutive business days ending April 10, 2026. According to the company, the compliant period ran from March 27, 2026 to April 10, 2026, leading to closure of the matter.

Was STAK previously notified of noncompliance with Nasdaq and when was that notice issued?

Yes, STAK previously received a Nasdaq notice of noncompliance on October 15, 2025. According to the company, that notice cited a closing bid below $1.00 for 30 consecutive business days.

Does Nasdaq confirmation of compliance change STAK's ticker or listing venue (STAK)?

No, the confirmation keeps STAK listed on The Nasdaq Capital Market under the same ticker. According to the company, Nasdaq's letter closed the compliance matter and STAK remains listed as STAK.

What period established STAK's compliance that prevented delisting risk?

Compliance was established by a 10-business-day run of closing bids at or above $1.00 from March 27, 2026 to April 10, 2026. According to the company, Nasdaq's determination was based on that 10-day period.