DarkIris (DKI) restores Nasdaq $1.00 minimum bid compliance after extension
Rhea-AI Filing Summary
DarkIris Inc. reports it has regained compliance with Nasdaq’s minimum bid price requirement. The company had previously fallen below the $1.00 per share threshold under Nasdaq Listing Rule 5550(a)(2) and was given an initial 180-day period, until May 18, 2026, to cure the deficiency.
After not regaining compliance in that first period, DarkIris requested and received an additional 180-day extension to November 16, 2026. Nasdaq later confirmed that, for the 10 consecutive business days from May 12, 2026 through May 26, 2026, the closing bid price of the company’s Class A ordinary shares was at or above $1.00. As a result, Nasdaq determined the company is again in compliance and has closed the matter.
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Insights
DarkIris resolves Nasdaq bid-price deficiency and maintains listing.
DarkIris Inc. had been out of compliance with Nasdaq’s $1.00 minimum bid price rule and was operating under a cure period. It secured an additional 180-day extension to November 16, 2026 after not meeting the requirement in the initial window.
Nasdaq then confirmed the company’s Class A ordinary shares closed at or above $1.00 for 10 consecutive business days, from May 12, 2026 to May 26, 2026. This satisfied Nasdaq Listing Rule 5550(a)(2), so the deficiency proceeding has been closed, reducing near-term delisting risk based on bid price.
Subsequent disclosures in company filings may provide additional context on how the share price behaves relative to the minimum bid threshold over future reporting periods and whether any corporate actions are taken to help maintain compliance.