Our Bond flagged for Nasdaq listing deficiencies
Our Bond, Inc. reported that Nasdaq has issued notification letters stating the company is not in compliance with three Nasdaq Global Market continued listing requirements.
Rhea-AI Filing Summary
Our Bond, Inc. reported that Nasdaq has issued notification letters stating the company is not in compliance with three Nasdaq Global Market continued listing requirements. The stock has failed for thirty consecutive days to meet the $1.00 per share minimum bid price, the $15 million minimum market value of publicly held shares, and the $50 million minimum market value of listed securities under Nasdaq Listing Rules 5450(a)(1), 5450(b)(2)(C) and 5450(b)(2)(A).
Nasdaq has granted a 180‑day period, until January 11, 2027, for Our Bond to regain compliance; if the standards are met for at least ten consecutive business days during this window, Nasdaq will confirm compliance and close the matter. The company’s Nasdaq Global Market listing and business operations continue for now, though it will be identified on Nasdaq’s list of non-compliant companies. Our Bond plans to monitor its bid price and market value metrics and may implement available options to regain compliance.
Positive
- None.
Negative
- Nasdaq non-compliance across three listing standards, including the $1.00 minimum bid price, $15 million public float and $50 million market value of listed securities, places Our Bond’s Nasdaq Global Market status under continued listing review.
8-K Event Classification
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
1 item
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, failed to satisfy a continued-listing rule or standard, or transferred its listing.
Key Figures
Minimum bid price requirement: $1.00 per share
Minimum market value of publicly held shares: $15 million
Minimum market value of listed securities: $50 million
+2 more
5 metrics
Minimum bid price requirement
$1.00 per share
Nasdaq Listing Rule 5450(a)(1) minimum bid price threshold not met for 30 consecutive days
Minimum market value of publicly held shares
$15 million
Nasdaq Listing Rule 5450(b)(2)(C) threshold not met for 30 consecutive days
Minimum market value of listed securities
$50 million
Nasdaq Listing Rule 5450(b)(2)(A) threshold not met for 30 consecutive days
Compliance period length
180 calendar days
Time granted under Nasdaq Listing Rules 5810(c)(3)(A, C & D) to regain compliance, until January 11, 2027
Required compliance streak
Ten consecutive business days
Duration standards must be met within the 180-day period for Nasdaq to confirm compliance
Key Terms
Nasdaq Global Market, market value of publicly held shares, market value of listed securities, Nasdaq Listing Rule 5450(a)(1), +1 more
5 terms
Nasdaq Global Market market
"The Notification Letters do not impact the Company’s listing on the Nasdaq Global Market at this time."
The Nasdaq Global Market is a section of the stock exchange where larger, well-established companies are listed and publicly traded. It functions like a marketplace where investors can buy and sell shares of these companies, providing them with access to capital and opportunities for growth. Its role is important because it helps investors identify and invest in reputable companies with strong financial backgrounds.
market value of listed securities financial
"it has not maintained a market value of listed securities of at least $50 million"
Market value of listed securities is the market value of the shares a company has listed on an exchange, calculated as the closing bid price multiplied by the number of listed shares. Exchanges use it as a continued-listing standard, so a company that stays under the required minimum receives a deficiency notice and is given a set period to recover before facing delisting.
Nasdaq Listing Rule 5450(a)(1) regulatory
"minimum bid price requirement of Nasdaq Listing Rule 5450(a)(1)"
Nasdaq Listing Rule 5450(a)(1) is a continued-listing standard that sets a minimum share price companies must maintain to remain listed on the Nasdaq market—commonly a $1.00 per-share threshold. Investors care because falling below that floor can trigger a compliance review and possible delisting, which is like failing a minimum grade and losing access to the public market; delisting can reduce liquidity, visibility and the ability to raise capital.
continued listing standards regulatory
"regain compliance with these continued listing standards."
Ongoing rules a stock exchange requires a listed company to meet to keep its shares trading publicly, such as minimum share price, market value, timely financial reports, and governance practices. Think of it as a membership checklist for a club: falling short can lead to warnings or removal from the exchange, which can sharply reduce liquidity, investor confidence, and a stock’s value. Investors watch these standards to gauge regulatory risk and the stability of their holdings.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What Nasdaq rules has Our Bond (OBAI) fallen out of compliance with?
Our Bond is not in compliance with Nasdaq Listing Rules 5450(a)(1) (minimum $1.00 bid price), 5450(b)(2)(C) (minimum $15 million market value of publicly held shares), and 5450(b)(2)(A) (minimum $50 million market value of listed securities) after 30 consecutive days below these thresholds.
How long does Our Bond (OBAI) have to regain Nasdaq compliance?
Nasdaq has given Our Bond 180 calendar days, until January 11, 2027, to regain compliance. Restoring compliance requires meeting each applicable standard for at least ten consecutive business days within this period, after which Nasdaq would issue written confirmation.
Does the Nasdaq notice immediately affect Our Bond (OBAI) stock listing?
The notice does not immediately affect Our Bond’s listing on the Nasdaq Global Market. The company’s shares continue to trade, though Nasdaq will add it to the public list of non-compliant companies and state the basis for non-compliance after five business days.
What triggered Nasdaq’s deficiency notice to Our Bond (OBAI)?
For at least thirty consecutive days, Our Bond’s stock did not meet Nasdaq’s requirements for a $1.00 minimum bid price, $15 million market value of publicly held shares, and $50 million market value of listed securities, prompting Nasdaq to issue formal notification letters.
What actions does Our Bond (OBAI) plan regarding the Nasdaq non-compliance?
Our Bond states it intends to monitor the closing bid price, the market value of publicly held shares, and the market value of listed securities on Nasdaq and, if appropriate, implement available options to regain compliance with the continued listing standards.
AI-generated analysis. How Rhea-AI works. Not financial advice.
