Definitive Healthcare (NASDAQ: DH) warned by Nasdaq on sub-$1 bid price
Rhea-AI Filing Summary
Definitive Healthcare Corp. has been notified by Nasdaq that its common stock no longer meets the $1.00 per share minimum bid price required for continued listing on the Nasdaq Global Select Market. The deficiency is based on 30 consecutive business days from May 6, 2026 to June 17, 2026.
The company has 180 calendar days, until December 15, 2026, to regain compliance. Nasdaq will deem the company compliant if the closing bid price is at least $1.00 per share for a minimum of ten consecutive business days, or longer if Nasdaq requires.
If the company does not regain compliance in this initial period, it may qualify for an additional 180-day period by meeting other Nasdaq Capital Market initial listing standards and potentially using actions such as a reverse stock split. The notice does not immediately affect trading, and the stock will continue to trade under the symbol DH while the company evaluates its options.
Positive
- None.
Negative
- Nasdaq minimum bid price deficiency: The company’s stock traded below the $1.00 per share minimum bid price for 30 consecutive business days, starting May 6, 2026, creating a risk of eventual delisting if compliance is not regained within the allowed periods.
Insights
Nasdaq non‑compliance raises listing risk for DH if price stays below $1.00.
Definitive Healthcare has fallen below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days, triggering a formal deficiency notice. The stock remains on the Nasdaq Global Select Market, but its status now depends on recovering the share price within defined timeframes.
The company has a 180‑day window to restore the bid above $1.00 for at least ten consecutive business days, with the possibility of another 180 days if it meets Nasdaq Capital Market standards. Management is considering options including a reverse stock split, which can mechanically lift the per‑share price but does not change overall market value.
If the price does not recover and the company cannot satisfy the conditions for an extended grace period, its shares could be delisted from the Nasdaq Global Select Market. Subsequent disclosures in company filings will clarify whether a reverse split or transfer to the Nasdaq Capital Market is pursued to maintain exchange listing.
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Nasdaq Global Select Market financial
minimum bid price requirement financial
reverse stock split financial
Nasdaq Capital Market financial
Listing Qualifications Department regulatory
FAQ
What Nasdaq notice did Definitive Healthcare (DH) receive about its listing?
Definitive Healthcare received a Nasdaq notice stating its common stock no longer meets the $1.00 per share minimum bid price requirement. This determination is based on 30 consecutive business days from May 6, 2026 to June 17, 2026 with a closing bid below $1.00.
How long does Definitive Healthcare (DH) have to regain Nasdaq bid price compliance?
The company has an initial 180 calendar days, until December 15, 2026, to regain compliance. It must achieve a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days during this compliance period to cure the deficiency.
Can Definitive Healthcare (DH) receive more time beyond the initial 180 days?
Yes. If it does not regain compliance in the initial period, the company may qualify for an additional 180‑day period. It must meet all initial listing standards for the Nasdaq Capital Market, except the bid price, and indicate plans to cure, potentially via a reverse stock split.
Does the Nasdaq notice immediately affect trading of Definitive Healthcare (DH) stock?
No. The notice has no immediate effect on listing or trading. Definitive Healthcare’s common stock will continue to trade on the Nasdaq Global Select Market under the symbol DH during the compliance period while the company evaluates its options to address the bid price issue.
What options is Definitive Healthcare (DH) considering to regain Nasdaq compliance?
The company intends to actively monitor its closing bid price and consider available options. These include actions such as effecting a reverse stock split, which could increase the per‑share price, in order to meet the $1.00 minimum bid price requirement.
What happens if Definitive Healthcare (DH) cannot cure the Nasdaq bid price deficiency?
If the company cannot regain compliance and is ineligible for or fails during a second 180‑day period, Nasdaq staff may notify it that its securities will be subject to delisting. In that scenario, Definitive Healthcare’s shares could lose their Nasdaq Global Select Market listing.