Heidmar warned by Nasdaq on minimum bid price

Heidmar Maritime Holdings Corp. received a Nasdaq notice that its common stock no longer meets the minimum US$1.00 per share bid price required for continued listing on the Nasdaq Capital Market, after trading below that level for 30 consecutive business days.

Rhea-AI Filing Summary

Heidmar Maritime Holdings Corp. received a Nasdaq notice that its common stock no longer meets the minimum US$1.00 per share bid price required for continued listing on the Nasdaq Capital Market, after trading below that level for 30 consecutive business days.

Under Nasdaq rules, Heidmar has a 180‑day grace period until October 19, 2026 to regain compliance by achieving a closing bid of at least US$1.00 per share for ten consecutive business days. The company plans to monitor its share price and evaluate options, while its stock continues trading and business operations remain unaffected.

Insights

Equity market structure analyst

Nasdaq bid-price deficiency adds listing risk but leaves operations unchanged.

Heidmar Maritime Holdings has fallen out of compliance with Nasdaq’s US$1.00 minimum bid rule after 30 consecutive business days below that threshold. This triggers a formal deficiency process under Nasdaq Listing Rule 5550(a)(2).

The company now has a 180-day grace period, until October 19, 2026, to push its closing bid back to at least US$1.00 for ten straight trading days. Management states it will monitor the share price and consider options to regain compliance.

During the grace period, the stock remains on the Nasdaq Capital Market and the notice does not affect business operations. The key uncertainty is whether market trading alone is sufficient to restore compliance or whether corporate actions will be pursued, which would be detailed in future disclosures.

Key Figures

Minimum bid price: US$1.00 per share Non-compliance trigger period: 30 consecutive business days Grace period length: 180 days +2 more

5 metrics

Minimum bid price US$1.00 per share Nasdaq Listing Rule 5550(a)(2) requirement for continued listing

Non-compliance trigger period 30 consecutive business days Closing bid below US$1.00 that led to Nasdaq notice

Grace period length 180 days Time allowed under Nasdaq Listing Rule 5810(c)(3)(A) to regain compliance

Grace period end date October 19, 2026 Deadline to regain minimum bid price compliance

Cure requirement window 10 consecutive business days Days stock must close at or above US$1.00 to cure deficiency

Key Terms

Nasdaq Listing Rule 5550(a)(2), Nasdaq Capital Market, grace period, forward-looking statements

4 terms

Nasdaq Listing Rule 5550(a)(2) regulatory

"the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2)"

Nasdaq Capital Market market

"continued listing on The Nasdaq Capital Market"

The Nasdaq Capital Market is a platform where smaller, emerging companies can list their shares for trading by investors. It provides these companies with access to funding and visibility, helping them grow, much like a local marketplace where new vendors can introduce their products to potential customers. For investors, it offers opportunities to discover early-stage companies with growth potential.

grace period regulatory

"the applicable grace period to regain compliance is 180 days"

A grace period is a short, pre-agreed span of time after a payment, filing, or other obligation is due during which a company or individual can meet the requirement without being penalized or declared in default. Think of it as a temporary breathing room that prevents immediate consequences for a missed deadline. Investors care because grace periods affect when cash flows are actually received, how soon penalties or defaults can hit, and the apparent credit risk and stability of an issuer.

forward-looking statements regulatory

"This release contains certain forward-looking statements within the meaning of the federal securities laws"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

FAQ

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

What did Heidmar Maritime Holdings (HMR) announce in its April 2026 6-K?

Heidmar disclosed it received a Nasdaq notice that its stock no longer meets the minimum US$1.00 bid price requirement. The closing bid stayed below US$1.00 for 30 consecutive business days, triggering non-compliance with Nasdaq Listing Rule 5550(a)(2) for the Nasdaq Capital Market.

Why is Heidmar Maritime Holdings (HMR) out of compliance with Nasdaq rules?

Heidmar is out of compliance because its common stock’s closing bid price was below US$1.00 per share for 30 consecutive business days. This violates Nasdaq Listing Rule 5550(a)(2), which requires a minimum US$1.00 bid price to remain listed on the Nasdaq Capital Market.

How long does Heidmar (HMR) have to regain Nasdaq bid-price compliance?

Heidmar has a 180‑day grace period, lasting until October 19, 2026, to regain compliance. It must achieve a closing bid price of at least US$1.00 per share for ten consecutive business days during this period to cure the deficiency under Nasdaq Listing Rule 5810(c)(3)(A).

What must Heidmar’s share price do to cure the Nasdaq deficiency?

To cure the deficiency, Heidmar’s common stock must close at or above US$1.00 per share for at least ten consecutive business days within the 180‑day grace period. Meeting this threshold would restore compliance with Nasdaq’s minimum bid price rule for continued listing.

Will Heidmar Maritime Holdings’ (HMR) operations be affected by the Nasdaq notice?

The company states its business operations are not affected by the Nasdaq notification. During the 180‑day grace period, Heidmar’s common stock will continue to be listed and trade on the Nasdaq Capital Market while it monitors the closing bid price and considers options.

What actions does Heidmar plan regarding the Nasdaq bid-price issue?

Heidmar says it intends to monitor the closing bid price of its common stock during the 180‑day grace period and will consider its options to regain compliance. The company also states it intends to cure the deficiency within the prescribed period while maintaining its Nasdaq listing.

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

Form 6-K: How Foreign Companies Report to the SEC →

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Accepted by SEC EDGAR 04/24/2026 - 05:06 PM EDT Learn about SEC filing dates

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO

SECTION 13A-16 OR 15D-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of April 2026

Commission File Number: 001-42534

Heidmar Maritime Holdings Corp.

(Translation of registrant’s name into English)

Akti Miaouli 89

Piraeus, Greece, 18538

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒ Form 40-F ☐

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

Attached to this Report on Form 6-K as Exhibit 99.1 is a press release dated April 24, 2026 of Heidmar Maritime Holdings Corp. (the “Company”) announcing that it has received a written notification from The Nasdaq Stock Market indicating that the Company is not in compliance with the minimum $1.00 per share bid requirement.

SIGNATURES

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

		Heidmar Maritime Holdings Corp.
Date: April 24, 2026	By:	/s/Pankaj Khanna
		Pankaj Khanna
		Chief Executive Officer and Director

Exhibit 99.1

HEIDMAR MARITIME HOLDINGS CORP. ANNOUNCES RECEIPT OF NASDAQ NOTICE

ATHENS, GREECE, April 24, 2026 – Heidmar Maritime Holdings Corp. (Nasdaq: HMR) (the “Company” or “Heidmar”), today announced that it has received written notification from The Nasdaq Stock Market (“Nasdaq”) dated April 22, 2026, indicating that because the closing bid price of the Company’s common stock for  the last 30 consecutive business days was below the minimum US$1.00 per share bid price requirement for continued listing on The Nasdaq Capital Market, the Company is not in compliance with Nasdaq Listing Rule 5550(a)(2). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the applicable grace period to regain compliance is 180 days, or until October 19, 2026.

The Company intends to monitor the closing bid price of its common stock during this grace period and will consider its options in order to regain compliance with The Nasdaq Capital Market minimum bid price requirement. The Company can cure this deficiency if the closing bid price of its common stock is US$1.00 per share or higher for at least ten consecutive business days during the grace period.

The Company intends to cure the deficiency within the prescribed grace period. During this time, the Company's common stock will continue to be listed and trade on The Nasdaq Capital Market. The Company's business operations are not affected by the receipt of the notification.

About the Company

Heidmar is an Athens based, commercial and pool management business servicing the crude and product tanker market and is committed to safety, performance, relationships and transparency. With operations in Athens, London, Singapore, Chennai, Hong Kong and Dubai, Heidmar has a reputation as a reliable and responsible partner with a goal of maximizing our customers' profitability. Heidmar seeks to offer vessel owners a "one stop" solution for all maritime services in the crude oil, refined petroleum products and dry bulk shipping sectors. Heidmar believes its unique business model and extensive experience in the maritime industry allows the Company to achieve premier market coverage and utilization, as well as provide customers in the sector with seamless commercial transportation services. For more information, please visit www.heidmar.com.

Forward Looking Statements

This release contains certain forward-looking statements within the meaning of the federal securities laws with respect to the Company. All statements other than statements of historical facts contained in this press release, including statements regarding the Company’s future results of operations and financial position, business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Heidmar are forward-looking statements. These forward- looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, Company management’s examination of historical operating trends, data contained in the Company’s records and other data available from third parties. Although the Company believes that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies that are difficult or impossible to predict and are beyond the Company’s control, the Company cannot assure you that it will achieve or accomplish these expectations, beliefs or projections.

In addition to these important factors, other important factors that, in the Company’s view, could cause actual results to differ materially from those discussed in the forward-looking statements include unforeseen liabilities, expansion and growth of the Company’s operations, the failure of counterparties to fully perform their contracts with the Company, the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand for tanker, container or PSV vessel capacity, changes in the Company’s operating expenses, demand for the Company’s managed fleet, ability to obtain financing and comply with covenants in such financing arrangements, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general international geopolitical conditions and conflicts, potential disruption of shipping routes due to accidents or political events, vessel breakdowns and instances of off‐ hires, and other factors. Please see the Company’s filings with the U.S. Securities and Exchange Commission for a more complete discussion of these and other risks and uncertainties.

Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond the Company’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by law, the Company assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. The Company does not give any assurance that it will achieve its expectations.

Filing Exhibits & Attachments

1 document

Press Releases

• EX-99.1 d12148720_ex99-1.htm 8.8 KB