Meridian Holdings regains Nasdaq bid-price compliance

Meridian Holdings Inc. reported that it has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on the Nasdaq Capital Market.

Rhea-AI Filing Summary

Meridian Holdings Inc. reported that it has regained compliance with Nasdaq’s minimum bid price requirement for continued listing on the Nasdaq Capital Market. The company had previously fallen below the $1.00 per share threshold for 34 consecutive business days in late 2025.

To address this, Meridian implemented a 1-for-12 reverse stock split of its outstanding common stock effective March 3, 2026. Nasdaq later confirmed that the closing bid price of the company’s common stock stayed at or above $1.00 per share for 10 consecutive business days, and informed Meridian on March 17, 2026 that the matter is closed and full compliance has been restored.

Insights

Capital markets and listing standards analyst

Meridian used a reverse split to restore Nasdaq bid-price compliance.

Meridian Holdings Inc. had fallen out of compliance with Nasdaq’s minimum bid price rule after its shares traded below $1.00 for 34 consecutive business days ending December 30, 2025. Nasdaq granted the company until June 30, 2026 to regain compliance.

The company executed a 1-for-12 reverse stock split effective March 3, 2026, reducing the number of outstanding shares and mechanically increasing the per-share price. Nasdaq later determined that the closing bid price had been at or above $1.00 for 10 consecutive business days, satisfying the listing rule.

Nasdaq’s letter on March 17, 2026 confirms that Meridian is now in full compliance with the minimum bid price requirement and that the matter is closed. This removes the near-term risk of delisting based on bid price alone, though overall trading performance and other listing criteria will continue to be relevant in future disclosures.

8-K Event Classification

Item 8.01 — Other Events

1 item

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

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Accepted by SEC EDGAR 03/18/2026 - 08:09 AM EDT 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 17, 2026

MERIDIAN HOLDINGS INC.

(Exact name of registrant as specified in its charter)

Nevada		001-41326		46-1814729
(State or other jurisdiction of incorporation or organization)		(Commission file number)		(IRS Employer Identification No.)

3651 Lindell Road, Suite D555

Las Vegas, NV 89103

(Address of principal executive offices)(zip code)

Registrant’s telephone number, including area code: (702) 318-7548

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, $0.00001 Par Value Per Share		MRDN		The NASDAQ Stock Market LLC (The NASDAQ Capital Market)

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 8.01. Other Events.

As previously reported, on December 31, 2025, Meridian Holdings Inc. (the “Company”), received a letter from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock, $0.00001 par value per share (the “Common Stock”) for the thirty-four (34) consecutive business days from November 11, 2025 to December 30, 2025, the Company was not in compliance with the requirement to maintain a minimum bid price of $1.00 per share for continued listing on The Nasdaq Capital Market, as set forth in Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). In accordance with the Nasdaq Listing Rules, the Company was provided a grace period of 180 days, or until June 30, 2026, to regain compliance with the Minimum Bid Price Requirement.

Effective on March 3, 2026, we affected a 1-for-12 reverse stock split of our outstanding common stock in an effort to satisfy the Minimum Bid Price Requirement.

On March 17, 2026, the Company received a letter from Nasdaq notifying the Company that it has regained full compliance with the Minimum Bid Price Requirement because Nasdaq has determined that for 10 consecutive business days, the closing bid price of the Company’s common stock was at or above $1.00 per share, and that the matter is now closed.

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SIGNATURES

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.

	Meridian Holdings Inc./NV
Date: March 18, 2026	By:	/s/ Rich Christensen
		Rich Christensen
		Chief Financial Officer

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Filing Exhibits & Attachments

5 documents

Other Documents

• EX-101 XBRL TAXONOMY EXTENSION SCHEMA 4.9 KB
• EX-101 XBRL TAXONOMY EXTENSION LABEL LINKBASE 14.3 KB
• EX-101 XBRL TAXONOMY EXTENSION CALCULATION LINKBASE 898 B
• EX-101 XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE 9.1 KB
• EX-101 XBRL TAXONOMY EXTENSION DEFINITION LINKBASE 2.0 KB