Arbe Robotics gets Nasdaq extension to April 12, 2027
The company is considering a reverse share split if necessary; Nasdaq says the notice has no immediate effect on ARBE's listing or trading.
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Rhea-AI Filing Summary
Nasdaq gave Arbe Robotics Ltd. an additional 180-calendar-day period, through April 12, 2027, to meet its $1.00-per-share minimum bid-price requirement. The company did not regain compliance during its initial period, which ended October 12, 2026. Nasdaq said Arbe meets the other applicable initial listing requirements for The Nasdaq Capital Market, including the market-value requirement for publicly held shares.
If Arbe’s ordinary shares close at or above $1.00 per share for at least 10 consecutive business days before April 12, 2027, Nasdaq will provide written confirmation of compliance and close the matter. Arbe is considering available options, including a reverse share split if necessary. Nasdaq said the notice has no immediate effect on the listing or trading of ARBE ordinary shares.
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minimum bid price requirement regulatory
FAQ
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What is ARBE's deadline to regain Nasdaq bid-price compliance?
What bid-price test would return ARBE to Nasdaq compliance?
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