Giftify (Nasdaq: GIFT) gets Nasdaq notice on $1 minimum bid rule
Rhea-AI Filing Summary
Giftify, Inc. reported that on August 3, 2026, Nasdaq notified the company that its common stock no longer meets Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1 per share. The notice followed 30 consecutive business days with a closing bid below this threshold.
Under Nasdaq Rule 5810(c)(3)(A), Giftify has 180 calendar days to regain compliance. The company will be back in good standing if, during this period, its common stock closes at or above $1 for at least ten consecutive business days. Nasdaq may grant an additional 180-day compliance period if other continued listing requirements, such as minimum market value of publicly held shares and shareholders’ equity, are satisfied. Giftify’s common stock continues to trade on The Nasdaq Capital Market under the symbol GIFT.
Positive
- None.
Negative
- Nasdaq $1 bid-price deficiency notice creates a risk to the Nasdaq Capital Market listing if Giftify does not restore a bid of at least $1 for 10 consecutive business days within the initial 180-day compliance period or any additional period granted.
8-K Event Classification
2 items: 3.01, 9.01
2 items
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 or transferred its listing to a different exchange.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Key Figures
Nasdaq minimum bid price: $1 per share
Non-compliance period: 30 consecutive business days
Initial compliance period: 180 calendar days
+2 more
5 metrics
Nasdaq minimum bid price
$1 per share
Required minimum bid under Nasdaq Listing Rule 5550(a)(2)
Non-compliance period
30 consecutive business days
Length of time Giftify’s closing bid was below $1 before the notice
Initial compliance period
180 calendar days
Time allowed to regain Nasdaq minimum bid price compliance under Rule 5810(c)(3)(A)
Required compliance streak
10 consecutive business days
Closing bid must be at least $1 for this period to regain compliance
Potential additional compliance period
180 calendar days
Additional period Nasdaq may grant if other listing criteria are met
Key Terms
Nasdaq Listing Rules, minimum bid price, market value of publicly held shares, shareholders’ equity
4 terms
Nasdaq Listing Rules regulatory
"Nasdaq Listing Qualifications department of the Nasdaq Stock Market LLC (“Nasdaq”) stating that Listing Rules"
Nasdaq listing rules are the rulebook a company must follow to have its shares traded on the Nasdaq stock exchange, covering entry requirements and ongoing standards for finances, corporate governance, public disclosure and reporting. For investors they matter because the rules create baseline checks — like a driver’s license and regular inspections for a car — that promote transparency, comparability and reduce the risk of fraud or sudden delisting.
minimum bid price financial
"Rule 5550(a)(2), require listed securities to maintain a minimum bid price of $1 per share"
The minimum bid price is the lowest share price that a market, regulator, or specific offering will accept for a trade, listing, or auction—think of it as a reserve or floor that a stock must meet to qualify for certain actions. It matters to investors because falling below that floor can limit trading options, trigger compliance measures or delisting risks, and affect liquidity and the perceived value of a holding, much like a reserve price in an auction sets the baseline for a sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What Nasdaq notice did GIFT receive regarding its stock listing?
Giftify, Inc. received a Nasdaq notice that its common stock failed to meet the $1 minimum bid price requirement under Rule 5550(a)(2) for 30 consecutive business days, placing its Nasdaq Capital Market listing at risk if compliance is not regained.
How long does GIFT have to regain Nasdaq minimum bid price compliance?
Giftify has an initial period of 180 calendar days to regain compliance. During this time, the stock’s closing bid must reach at least $1 per share for a minimum of ten consecutive business days to satisfy Nasdaq’s requirement.
What must GIFT’s stock do to regain compliance with Nasdaq Rule 5550(a)(2)?
To regain compliance, Giftify’s common stock must achieve a closing bid price of at least $1 per share for ten consecutive business days within the allowed 180-day period specified under Nasdaq Rule 5810(c)(3)(A).
Can GIFT receive more time from Nasdaq beyond the initial 180 days?
Nasdaq may grant Giftify an additional 180-day compliance period. This extension is possible only if the company meets other continued listing criteria, such as sufficient market value of publicly held shares and adequate shareholders’ equity.
On which market and under what symbol does GIFT trade?
Giftify’s common stock is listed on The Nasdaq Capital Market under the trading symbol GIFT. The Nasdaq notice concerns compliance with that market’s $1 minimum bid price continued listing standard.