Accuray moves listing to Nasdaq Capital Market
Accuray Incorporated received approval from Nasdaq to transfer the listing of its common stock from the Nasdaq Global Select Market to the Nasdaq Capital Market.
Rhea-AI Filing Summary
Accuray Incorporated received approval from Nasdaq to transfer the listing of its common stock from the Nasdaq Global Select Market to the Nasdaq Capital Market. The transfer became effective at the opening of business on August 6, 2026, and the shares continue to trade under the symbol ARAY.
The Nasdaq Capital Market operates in substantially the same manner as the prior market tier and requires listed companies to meet specified financial and corporate governance standards. Accuray was also granted an additional 180-day period, until February 1, 2027, to demonstrate compliance with the $1.00 bid price requirement of the Nasdaq Capital Market.
Positive
- None.
Negative
- Listing tier change and bid-price compliance deadline: Accuray moved from the Nasdaq Global Select Market to the Nasdaq Capital Market and must demonstrate compliance with Nasdaq’s $1.00 bid price requirement by February 1, 2027, highlighting an active listing-standard issue.
8-K Event Classification
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
1 item
Item 3.01
Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Securities
The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.
Key Figures
Listing transfer effective date: August 6, 2026
Additional compliance period: 180 days
Bid price requirement: $1.00
+1 more
4 metrics
Listing transfer effective date
August 6, 2026
Date Accuray’s common stock began trading on the Nasdaq Capital Market
Additional compliance period
180 days
Extra time granted to meet Nasdaq Capital Market bid price rule
Bid price requirement
$1.00
Minimum bid price standard Accuray must demonstrate compliance with
Bid compliance deadline
February 1, 2027
End of extended period to demonstrate $1.00 bid price compliance
Key Terms
Nasdaq Capital Market, Nasdaq Global Select Market, bid price requirement, continued listing rule
4 terms
Nasdaq Capital Market market
"transfer the listing of its common stock from The Nasdaq Global Select Market to The Nasdaq Capital Market"
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.
Nasdaq Global Select Market market
"transfer the listing of its common stock from The Nasdaq Global Select Market to The Nasdaq Capital Market"
A Nasdaq Global Select Market listing is the highest tier of stocks on the Nasdaq exchange, reserved for companies that meet the strictest financial, reporting and governance standards. For investors, it acts like a premium quality label—signaling larger, more transparent and better-governed companies that tend to offer greater liquidity and lower perceived risk compared with lower-tier listings, making it easier to buy, sell and evaluate shares.
bid price requirement financial
"to demonstrate compliance with the $1.00 bid price requirement of The NASDAQ Capital Market"
A bid price requirement is a rule that specifies the minimum price a buyer must offer per share when making an official purchase proposal, tender offer, auction bid, or similar transaction. It matters to investors because it sets a floor for negotiations and valuation—like a reserve price in an auction—ensuring bids meet regulatory, contract or market standards and helping shareholders and markets judge whether an offer is fair or likely to succeed.
continued listing rule regulatory
"Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What listing change did Accuray (ARAY) announce on Nasdaq?
Accuray’s common stock transferred from the Nasdaq Global Select Market to the Nasdaq Capital Market. The transfer became effective at the opening of business on August 6, 2026, while the stock continues trading under the ticker symbol ARAY.
When did Accuray’s transfer to the Nasdaq Capital Market become effective?
The transfer became effective at the opening of business on August 6, 2026. From that date, Accuray’s common stock has been listed on the Nasdaq Capital Market and continues to trade under the symbol ARAY.
Does Accuray (ARAY) keep the same ticker after moving markets?
Yes. Accuray’s common stock continues to trade under the ticker symbol “ARAY” after moving from the Nasdaq Global Select Market to the Nasdaq Capital Market, so the trading symbol for investors remains unchanged.
What extra time did Accuray (ARAY) receive to meet Nasdaq bid rules?
Accuray received an additional 180-day period, until February 1, 2027, to demonstrate compliance with the $1.00 bid price requirement of the Nasdaq Capital Market, extending the window to satisfy this continued listing standard.
What is the $1.00 bid price requirement affecting Accuray (ARAY)?
Nasdaq requires a minimum $1.00 bid price for continued listing on the Nasdaq Capital Market. Accuray has been granted until February 1, 2027, an additional 180 days, to demonstrate that its common stock meets this bid price requirement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
