CarParts.com (PRTS) restores Nasdaq minimum $1.00 bid-price compliance
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CarParts.com, Inc. disclosed that it has regained compliance with the Nasdaq minimum bid price requirement. Nasdaq’s Listing Qualifications staff confirmed that the company now meets Nasdaq Listing Rule 5450(a)(1), which requires a minimum closing bid price of $1.00 per share.
The company’s common stock closed at or above $1.00 per share for 10 consecutive business days, from May 26, 2026 through June 8, 2026. As a result, Nasdaq considers the prior bid-price deficiency issue resolved and has closed the matter, allowing CarParts.com to remain listed on The Nasdaq Stock Market LLC.
Positive
- Nasdaq bid-price compliance restored: The stock closed at or above $1.00 for 10 consecutive business days through June 8, 2026, and Nasdaq now considers the minimum bid price matter closed, removing an immediate listing-compliance risk.
Negative
- None.
Insights
CarParts.com removed a Nasdaq bid-price deficiency overhang by restoring compliance with the $1.00 minimum.
Nasdaq confirmed that CarParts.com now satisfies Listing Rule 5450(a)(1) after its stock closed at or above $1.00 for 10 straight business days ending on June 8, 2026. This resolves the prior minimum bid price deficiency.
This development reduces immediate delisting risk tied specifically to bid price. The long-term impact still depends on the company’s operating performance and future share-price behavior as reflected in subsequent SEC reports and market trading.
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.
Key Figures
Minimum bid price threshold: $1.00 per share
Compliance period length: 10 consecutive business days
Compliance period start: May 26, 2026
+1 more
4 metrics
Minimum bid price threshold
$1.00 per share
Nasdaq Listing Rule 5450(a)(1) requirement
Compliance period length
10 consecutive business days
Closing bid at or above $1.00
Compliance period start
May 26, 2026
First day of qualifying $1.00+ closes
Compliance period end
June 8, 2026
Tenth consecutive $1.00+ close
Key Terms
Nasdaq Listing Rule 5450(a)(1), minimum bid price requirement, Listing Qualifications department, closing bid price
4 terms
Nasdaq Listing Rule 5450(a)(1) regulatory
"regained compliance with the minimum bid price requirement set forth in 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.
minimum bid price requirement financial
"regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1)"
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.
Listing Qualifications department regulatory
"received a letter from the Nadsaq Listing Qualifications department (the “Staff”) of The Nasdaq Stock Market LLC"
A listing qualifications department is the part of a stock exchange that checks whether a company meets the exchange’s rules for being listed and staying listed. Think of it as a gatekeeper or building inspector: it reviews financial statements, disclosure practices and corporate governance, flags problems and can require fixes or remove a company’s shares. Investors care because its decisions affect whether a stock remains tradable and how much trust to place in a company’s reporting.
closing bid price financial
"for the 10 consecutive business days from May 26, 2026 through June 8, 2026, the closing bid price of the Company’s common stock has been at $1.00 per share or greater"
The closing bid price is the last price that a buyer was willing to pay for a security at the end of the trading day. It reflects the final visible demand for the stock — like the last offer someone makes for a used car before a yard closes — and helps investors gauge market interest, set valuations, and mark portfolios to market for that day.
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) June 9, 2026
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.)
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(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code (424 ) 702-1455
N/A
(Former name or former address, if changed since 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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading
symbol(s)
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Name of each exchange on which
registered
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(NASDAQ Capital Market)
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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.
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On June 9, 2026, CarParts.com, Inc. (the “Company”), received a letter from the Nadsaq Listing Qualifications department
(the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1). The letter noted that for the 10 consecutive business
days from May 26, 2026 through June 8, 2026, the closing bid price of the Company’s common stock has been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Listing Rule 5450(a)(1), and Nasdaq considers this matter
closed.
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.
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Dated: June 9, 2026
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CARPARTS.COM, INC.
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By:
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/s/ Mark DiSiena
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Name:
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Mark DiSiena
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Title:
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Interim Chief Financial Officer
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FAQ
What did CarParts.com (PRTS) announce regarding its Nasdaq listing status?
CarParts.com reported that Nasdaq confirmed it has regained compliance with the minimum bid price listing rule. This means the company now meets Nasdaq Listing Rule 5450(a)(1), and Nasdaq has closed the prior bid-price deficiency matter.
How did CarParts.com (PRTS) regain compliance with Nasdaq’s minimum bid price rule?
CarParts.com regained compliance because its common stock’s closing bid price was at least $1.00 per share for 10 consecutive business days. This period ran from May 26, 2026 through June 8, 2026, satisfying Nasdaq Listing Rule 5450(a)(1).
Which Nasdaq rule is CarParts.com (PRTS) now compliant with?
CarParts.com is now compliant with Nasdaq Listing Rule 5450(a)(1), which sets the minimum bid price requirement. Nasdaq’s Listing Qualifications staff confirmed compliance after the stock traded at or above $1.00 per share for 10 straight business days.
Does Nasdaq still consider CarParts.com’s bid-price issue an open matter?
No. Nasdaq’s Listing Qualifications department stated that, following the 10-day period with a bid price of at least $1.00, CarParts.com has regained compliance. Nasdaq considers the minimum bid price issue resolved and the matter closed.
What is the significance of the $1.00 minimum bid price for CarParts.com (PRTS)?
Maintaining a $1.00 minimum bid price is required under Nasdaq Listing Rule 5450(a)(1). By keeping its stock at or above this level for 10 consecutive business days, CarParts.com preserved its eligibility to remain listed on The Nasdaq Stock Market LLC.