NextPlat Corp (NASDAQ: NXPL) restores Nasdaq $1.00 bid-price compliance and keeps listing

Filing Impact

(Very High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

NextPlat Corp has regained compliance with Nasdaq’s minimum bid price rules, removing a prior delisting risk. The company had previously been notified that its stock traded below $1.00 for 30 straight trading days, triggering a grace period to cure the deficiency.

Nasdaq later confirmed that, for the 10 consecutive business days from April 13, 2026 to April 24, 2026, NextPlat’s closing bid price was at or above $1.00 per share. As a result, Nasdaq issued a compliance letter on April 27, 2026, closed the matter, and NextPlat remains listed on The Nasdaq Capital Market under the ticker “NXPL”.

Positive

Nasdaq compliance restored: NextPlat regained compliance with Nasdaq’s minimum bid price requirement of $1.00 per share, and Nasdaq closed the deficiency matter, allowing the company to remain listed on The Nasdaq Capital Market under the ticker “NXPL”.

Negative

None.

Insights

NextPlat removes immediate Nasdaq delisting risk by regaining bid-price compliance.

NextPlat Corp confirms it now meets Nasdaq’s minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2). This follows a prior deficiency notice after its stock traded below $1.00 for 30 consecutive trading days and a second grace period that ran to April 27, 2026.

Nasdaq verified that from April 13–24, 2026 the closing bid stayed at or above $1.00, leading to a compliance letter and case closure. The company remains listed on The Nasdaq Capital Market, avoiding the uncertainty and potential liquidity impact of a delisting. Future filings may clarify any additional steps the company takes to support ongoing compliance.

8-K Event Classification

3 items: 3.01, 8.01, 9.01

3 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 8.01 Other Events Other

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

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

Minimum bid price threshold: $1.00 per share Compliance evaluation window: 10 consecutive business days Second grace period end date: April 27, 2026 +1 more

4 metrics

Minimum bid price threshold $1.00 per share Nasdaq Listing Rule 5550(a)(2) requirement

Compliance evaluation window 10 consecutive business days April 13–24, 2026 closing bids at or above $1.00

Second grace period end date April 27, 2026 Deadline to regain compliance after prior deficiency

Initial deficiency trigger 30 consecutive trading days Closing bid below $1.00 under Nasdaq listing rules

Key Terms

minimum bid price requirement, Nasdaq Capital Market, Nasdaq Listing Rule 5550(a)(2), forward-looking statements

4 terms

minimum bid price requirement financial

"it has regained compliance with the minimum bid price requirement of $1.00 per share"

A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.

Nasdaq Capital Market financial

"NextPlat remains listed on The Nasdaq Capital Market under the ticker symbol "NXPL""

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.

Nasdaq Listing Rule 5550(a)(2) regulatory

"compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2)"

forward-looking statements regulatory

"Certain statements in this release constitute forward-looking statements."

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.

Understanding 8-K Material Events →

04/28/2026 - 09:16 AM

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): April 27, 2026

NEXTPLAT CORP

(Exact Name of Registrant as Specified in its Charter)

Nevada		001-40447		65-0783722
(State or Other Jurisdiction of Incorporation or Organization)		(Commission File No.)		(I.R.S. Employer Identification No.)

400 Ansin Blvd., Suite A

Hallandale Beach, FL 33009

(Address of principal executive offices and zip code)

(305) 560-5381

(Registrant’s telephone number, including area code)

(Former name or former address, if changed from last report)

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 (see General Instruction A.2. below):

☐	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-14(c)).

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. ☐

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, par value $0.0001	NXPL	The Nasdaq Stock Market, Inc.
Warrants	NXPLW	The Nasdaq Stock Market, Inc.

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As previously disclosed, on April 28, 2025, NextPlat Corp (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Department (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, because the closing bid price for the Company’s common stock, par value $0.0001 per share (the “Common Stock”), closed below $1.00 per share for 30 consecutive trading days, the Company no longer met the minimum bid price requirement for continued inclusion on The Nasdaq Global Market pursuant to Nasdaq Listing Rule 5450(a)(1) (the “Bid Price Requirement”). On October 28, 2025, the Company received a letter from the Staff notifying that the Company is eligible for a second 180-day period, or until April 27, 2026 (the “Second Grace Period”) to regain compliance with the Bid Price Requirement.

On April 27, 2026, the Company was notified by Nasdaq that the Company has regained compliance with the Bid Price Requirement and that this matter is now closed.

Item 8.01 Other Events.

On April 27, 2026, the Company issued a press release announcing the letter from Nasdaq. A copy of the press release is filed as Exhibit 99.1 to this Current Report.

Item 9.01. Financial Statements and Exhibits.

Exhibits.

Exhibit No.		Description
99.1		Press Release dated April 27, 2026.
104		Cover Page Interactive Data File (formatted as Inline XBRL)

SIGNATURE

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.

	NEXTPLAT CORP

	By:	/s/ David Phipps
	Name:	David Phipps
	Title:	Chief Executive Officer and President

Dated: April 28, 2026

Exhibit 99.1

NextPlat Regains Compliance with Nasdaq Bid Price Requirement

Hallandale Beach, FL – April 27, 2026 - NextPlat Corp (NASDAQ: NXPL, NXPLW) (“NextPlat” or the “Company”), a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide, today announced that on April 27, 2026, the Company received a letter (the "Compliance Letter") from The Nasdaq Stock Market LLC ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). As a result, the matter has been closed.

Nasdaq has since determined that, for the last 10 consecutive business days, from April 13, 2026 to April 24, 2026, the closing bid price of the Company's shares has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2). With Nasdaq's confirmation of compliance, NextPlat remains listed on The Nasdaq Capital Market under the ticker symbol "NXPL".

For more information about NextPlat, please visit www.NextPlat.com and connect with us on Facebook, LinkedIn and X.

About NextPlat Corp

NextPlat is a global consumer products and services company providing healthcare and technology solutions through e-commerce and retail channels worldwide. Through acquisitions, joint ventures, and collaborations, the Company seeks to provide access to high quality healthcare and pharmacy services and assist businesses in selling their goods online, domestically, and internationally, allowing them to optimize their e-commerce presence and revenue. Through its subsidiaries, NextPlat provides pharmacy and healthcare data management services and prescription fulfilment services in the United States and operates an e-commerce division offering voice, data, tracking, and IoT products and services worldwide.

Forward-Looking Statements

Certain statements in this release constitute forward-looking statements. These statements include the capabilities and success of the Company’s business and any of its products, services or solutions. The words “believe,” “forecast,” “project,” “intend,” “expect,” “plan,” “should,” “would,” and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors, any of which could cause the Company to not achieve some or all of its goals or the Company’s previously reported actual results, performance (finance or operating), including those expressed or implied by such forward-looking statements. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the Securities and Exchange Commission (the “SEC”), copies of which may be obtained from the SEC’s website at www.sec.gov. The Company assumes no, and hereby disclaims any, obligation to update the forward-looking statements contained in this press release.

Media and Investor Contact for NextPlat Corp:

Michael Glickman

MWGCO, Inc.

917-397-2272

mike@mwgco.net

Source: View Original Filing on SEC EDGAR

FAQ

What did NextPlat Corp (NXPL) announce in its latest 8-K filing?

NextPlat announced it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq confirmed the company’s stock closed at or above $1.00 for 10 consecutive business days, and the prior deficiency matter has been officially closed, keeping NextPlat listed on The Nasdaq Capital Market.

Why was NextPlat Corp (NXPL) previously at risk of Nasdaq delisting?

NextPlat was notified after its common stock’s closing bid price stayed below $1.00 per share for 30 consecutive trading days. This triggered a deficiency notice under Nasdaq’s listing rules and started a grace period during which the company needed to restore its share price above the $1.00 threshold.

How did NextPlat Corp (NXPL) regain compliance with Nasdaq’s bid price rule?

Nasdaq determined that from April 13, 2026 to April 24, 2026, NextPlat’s closing bid price was $1.00 per share or higher for 10 consecutive business days. This satisfied Nasdaq Listing Rule 5550(a)(2), prompting a compliance letter confirming the deficiency was cured and the matter closed.

On which Nasdaq market is NextPlat Corp (NXPL) currently listed?

NextPlat remains listed on The Nasdaq Capital Market under the ticker symbol “NXPL”. Following Nasdaq’s compliance letter confirming the restored minimum bid price, the company’s listing continues on this market tier, which is designed for smaller-cap companies meeting specific financial and governance standards.

What bid price requirement does Nasdaq impose that affected NextPlat Corp (NXPL)?

Nasdaq’s minimum bid price requirement mandates that a company’s common stock maintain at least a $1.00 per share closing bid. NextPlat initially fell below this threshold, but later achieved at least $1.00 per share for 10 straight business days, restoring compliance under Nasdaq Listing Rule 5550(a)(2).

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 EXHIBIT 99.1 6.6 KB