Presurance flagged by Nasdaq for sub-$1 share price

Presurance Holdings, Inc. has been notified by Nasdaq that its common stock no longer meets the minimum bid price requirement because the closing bid has stayed below $1.00 per share for 30 consecutive business days.

Rhea-AI Filing Summary

Presurance Holdings, Inc. has been notified by Nasdaq that its common stock no longer meets the minimum bid price requirement because the closing bid has stayed below $1.00 per share for 30 consecutive business days. The company has until August 31, 2026 to regain compliance by having its stock close at or above $1.00 for at least 10 consecutive business days.

If it fails to do so, Presurance may qualify for an additional 180 days if it meets other Nasdaq listing standards and formally commits to curing the deficiency. Shareholders previously approved a reverse stock split in June 2025 at a ratio between 1-for-2 and 1-for-12, and the board can choose the exact ratio any time before June 3, 2026, but plans to use this tool only if it believes it is in shareholders’ best interests. If compliance is not restored, Nasdaq could move to delist the common stock, which the company would be able to appeal.

Positive

• None.

Negative

• Nasdaq minimum bid-price deficiency and delisting risk: Common stock has traded below $1.00 for 30 consecutive business days, triggering a compliance window to August 31, 2026 and the possibility of delisting if the price is not restored.

Insights

Equity markets and listing standards analyst

Nasdaq bid-price deficiency raises listing-risk over the next year.

Presurance Holdings has fallen out of compliance with Nasdaq’s $1.00 minimum bid rule after 30 straight trading days below that level. It now has until August 31, 2026 to get the stock back above $1.00 for at least 10 consecutive business days.

The company already secured shareholder approval in June 2025 for a reverse stock split between 1-for-2 and 1-for-12, and the board can act on this authority until June 3, 2026. A reverse split would mechanically raise the share price, which the company notes would likely restore compliance with Nasdaq’s minimum bid requirement.

If the price does not recover and the company either does not, or cannot, use a reverse split or other measures effectively, Nasdaq may initiate delisting after the current window and any additional 180-day extension. In that scenario, Presurance could appeal to a Nasdaq hearings panel, but ultimate outcomes would depend on its ability to meet all listing standards at that time.

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.

FAQ

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

What did Presurance Holdings disclose in its latest 8-K filing?

Presurance Holdings disclosed it received a Nasdaq notice that its common stock no longer meets the $1.00 minimum bid price rule, triggering a 180-day window to regain compliance before potential delisting procedures could begin.

Why is Presurance Holdings, Inc. (CNFR) out of Nasdaq bid price compliance?

Presurance Holdings is out of compliance because its common stock closing bid price stayed below $1.00 per share for 30 consecutive business days. This violates Nasdaq Capital Market Rule 5550(a)(2), which sets the minimum bid price requirement for continued listing.

How long does Presurance Holdings have to regain Nasdaq listing compliance?

Presurance Holdings has 180 calendar days from March 3, 2026, until August 31, 2026, to regain compliance. It must achieve a closing bid price of at least $1.00 for 10 consecutive business days within this period.

Can Presurance Holdings receive more time beyond August 31, 2026 to fix its bid price?

Presurance could receive an additional 180-day period if, by August 31, 2026, it meets all initial Nasdaq Capital Market listing standards except the bid price and notifies Nasdaq of its intent to cure the deficiency during the second compliance period.

What reverse stock split authority does Presurance Holdings currently have?

Shareholders approved an amendment in June 2025 allowing a reverse stock split between 1-for-2 and 1-for-12. The board may select the ratio and implement the split any time before June 3, 2026, if it believes doing so is in shareholders’ best interests.

How could a reverse stock split help Presurance regain Nasdaq bid price compliance?

A reverse stock split would reduce the number of outstanding shares and proportionally increase the stock price. Presurance notes that such a split would likely bring the share price back above $1.00, which is required to satisfy Nasdaq’s minimum bid price rule.

What happens if Presurance Holdings ultimately fails to regain compliance with Nasdaq rules?

If Presurance fails to regain compliance within the initial and any additional 180-day periods, Nasdaq may move to delist its common stock. The company would then have the right to appeal this determination to a Nasdaq hearings panel for further review.

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

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Accepted by SEC EDGAR 03/06/2026 - 04:03 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event Reported): March 3, 2026

Presurance Holdings, Inc.

(Exact Name of Registrant as Specified in Charter)

Michigan	001-37536	27-1298795
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(I.R.S. Employer Identification Number)

3001 West Big Beaver, Suite 319

Troy, MI 48084

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code: (248) 509-9202

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, no par value		PRHI		The Nasdaq Stock Market LLC
9.75% Senior Notes due 2028		PRHIZ		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter)

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On March 3, 2026, Presurance Holdings, Inc. (the “Company”) received a letter (the “Notice”) from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that because the closing bid price of the Company’s common stock (“Common Stock”), was below $1.00 per share for the prior 30 consecutive business days, the Company is not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Marketplace Rule 5550(a)(2) (the “Minimum Bid Price Requirement”).

In accordance with Nasdaq Marketplace Rule 5810(c)(3)(A), the Company has a period of 180 calendar days from March 3, 2026, or until August 31, 2026, to regain compliance with the Minimum Bid Price Requirement. If at any time before August 31, 2026, the closing bid price of the Company’s Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days (which number of days may be extended by Nasdaq), Nasdaq will provide written notification that the Company has achieved compliance with the Minimum Bid Price Requirement, and the matter would be resolved.

The Notice also disclosed that in the event the Company does not regain compliance with the Minimum Bid Price Requirement by August 31, 2026, the Company may be eligible for additional time. To qualify for additional time, the Company would be required to meet the applicable market value of publicly held shares requirement for continued listing and all other applicable standards for initial listing on The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and would need to provide written notice of its intention to cure the deficiency during the second compliance period. If the Company meets these requirements, Nasdaq will inform the Company that it has been granted an additional 180 calendar days. However, if it appears to the Staff that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

The Company intends to continue actively monitoring the closing bid price for the Company’s Common Stock between now and August 31, 2026, and will consider available options to resolve the deficiency and regain compliance with the Minimum Bid Price Requirement. In June 2025, our shareholders approved an amendment to our articles of incorporation to effect a reverse stock split at a ratio between 1-for-2 and 1-for-12. Our board of directors has authority to select an exchange ratio within the approved range at any time prior to June 3, 2026. The Company’s board of directors intends to effect the reverse stock split only if it determines the reverse stock split to be in the best interests of our shareholders. Such a reverse stock split would likely put us in compliance with the Minimum Bid Price Requirement.

If the Company does not regain compliance within the allotted compliance period, including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s Common Stock will be subject to delisting. The Company would then be entitled to appeal that determination to a Nasdaq hearings panel. There can be no assurance that the Company will regain compliance with the Minimum Bid Price Requirement during the 180-day compliance period, secure a second period of 180 calendar days to regain compliance, or maintain compliance with the other Nasdaq listing requirements.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

		Presurance Holdings, Inc.
Date: March 6, 2026		By:	/s/ BRIAN J. RONEY
			Brian J. Roney
			Chief Executive Officer

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