Quantum-Si (NASDAQ: QSI) warned on Nasdaq $1.00 bid compliance
Rhea-AI Filing Summary
Quantum-Si Incorporated reported receiving a Nasdaq Listing Qualifications notice on July 23, 2026 stating that its Class A common stock no longer meets the $1.00 per share minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1), after trading below that level for 30 consecutive business days.
The notice has no immediate effect on trading; the stock continues on The Nasdaq Global Market under “QSI” and business operations and SEC reporting continue unchanged. Under Nasdaq Listing Rule 5810(c)(3)(A), the company has 180 calendar days, until January 19, 2027, to achieve a closing bid of at least $1.00 for a minimum of 10 consecutive business days, subject to possible extension. If compliance is not regained, Quantum-Si may seek a transfer to The Nasdaq Capital Market and could use a reverse stock split to cure the deficiency; failure to regain compliance could lead to delisting, with only uncertain relief available through a Nasdaq Hearings Panel appeal. The company plans to monitor its share price and evaluate available options.
Positive
- None.
Negative
- Nasdaq non-compliance and delisting risk: Quantum-Si’s stock fell below $1.00 for 30 consecutive business days, triggering a Nasdaq minimum bid deficiency. The company has until January 19, 2027, with a possible additional 180 days, before its shares could become subject to delisting.
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 or transferred its listing to a different exchange.
Key Figures
Nasdaq minimum bid price: $1.00 per share
Non-compliance trigger period: 30 consecutive business days
Initial compliance period: 180 calendar days
+2 more
5 metrics
Nasdaq minimum bid price
$1.00 per share
Minimum bid price required by Nasdaq Listing Rule 5450(a)(1) for continued Global Market listing
Non-compliance trigger period
30 consecutive business days
Closing bid below $1.00 per share for this period triggered the Nasdaq deficiency notice
Initial compliance period
180 calendar days
Time provided under Nasdaq Listing Rule 5810(c)(3)(A) to regain the Bid Price Requirement
Compliance deadline
January 19, 2027
Date by which Quantum-Si must regain the $1.00 bid for at least 10 consecutive business days
Potential additional compliance period
180 calendar days
Possible extra period if the company transfers its listing to The Nasdaq Capital Market and qualifies
Key Terms
Bid Price Requirement, Compliance Period Rule, Nasdaq Capital Market, reverse stock split, +1 more
5 terms
Bid Price Requirement regulatory
"no longer meets the minimum bid price requirement for continued inclusion"
A bid price requirement is a rule that specifies the minimum price a buyer must offer per share when making an official purchase proposal, tender offer, auction bid, or similar transaction. It matters to investors because it sets a floor for negotiations and valuation—like a reserve price in an auction—ensuring bids meet regulatory, contract or market standards and helping shareholders and markets judge whether an offer is fair or likely to succeed.
Compliance Period Rule regulatory
"Pursuant to Nasdaq Listing Rule 5810(c)(3)(A) (the “Compliance Period Rule”)"
Nasdaq Capital Market regulatory
"would need to transfer the listing of its Common Stock to 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.
reverse stock split financial
"intention to cure the deficiency during the additional compliance period by effecting a reverse stock split"
A reverse stock split reduces a company's number of outstanding shares while raising the price per share proportionally, so the total value of each investor's holding is unchanged; a 1-for-10 split turns 100 shares worth $1 each into 10 shares worth $10 each. Companies often do this to regain compliance with an exchange's minimum price rule or to attract investors who avoid very low-priced stocks.
Nasdaq Hearings Panel regulatory
"the Company may appeal the Staff’s delisting determination to a Nasdaq Hearings Panel"
A Nasdaq hearings panel is a group of experts that reviews cases when a company's stock listing is at risk of being removed from the exchange. They evaluate whether the company has met certain standards and determine if it can keep trading on Nasdaq. This process matters to investors because it can affect a company's ability to raise money and maintain credibility in the market.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What Nasdaq notice did Quantum-Si (QSI) receive about its stock listing?
Quantum-Si received a Nasdaq notice that its Class A common stock no longer meets the $1.00 minimum bid price requirement after 30 consecutive business days below that level. The shares remain listed on The Nasdaq Global Market under the symbol QSI for now.
What is the compliance deadline for Quantum-Si (QSI) to regain Nasdaq bid price requirements?
Quantum-Si has until January 19, 2027 to regain compliance. It must achieve a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days within this initial 180-day period under Nasdaq’s Compliance Period Rule.
Can Quantum-Si (QSI) obtain more time beyond January 19, 2027 to meet Nasdaq rules?
If Quantum-Si is still non-compliant by January 19, 2027, it may be eligible for an additional 180-day compliance period by transferring to The Nasdaq Capital Market, meeting that market’s listing standards (except the bid requirement), and pursuing a cure, potentially including a reverse stock split.
What options might Quantum-Si (QSI) consider to regain Nasdaq bid price compliance?
Quantum-Si plans to monitor its share price and consider all available options to regain compliance, which could include a reverse stock split if it seeks an additional compliance period on The Nasdaq Capital Market, though no specific action is yet committed.
What happens if Quantum-Si (QSI) ultimately fails to meet Nasdaq’s bid price rule?
If Quantum-Si cannot regain compliance within the allowed periods, Nasdaq staff may move to delist its common stock. The company could appeal such a decision to a Nasdaq Hearings Panel, but there is no assurance any appeal would succeed.