Synergy CHC (NASDAQ: SNYR) warned on Nasdaq $1 minimum bid rule

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Synergy CHC Corp. received a non-compliance notice from Nasdaq after its common stock closed below $1.00 per share for 30 consecutive business days, violating the Nasdaq Capital Market minimum bid price rule.

The company has 180 calendar days, until November 11, 2026, to regain compliance by maintaining a closing bid of at least $1.00 for 10 straight business days. If it meets other Nasdaq listing standards, it may qualify for an additional 180-day grace period. Failing to regain compliance could lead to delisting, and management is monitoring the share price and may consider options such as a reverse stock split.

Positive

None.

Negative

Nasdaq minimum bid-price violation and delisting risk: Synergy CHC’s shares traded below the $1.00 minimum bid for 30 consecutive business days, starting a 180-day cure period and creating the possibility of Nasdaq delisting if compliance is not restored.

Insights

Nasdaq bid-price noncompliance introduces delisting risk for Synergy CHC.

Synergy CHC Corp. has fallen below Nasdaq’s $1.00 minimum bid price for 30 consecutive business days, triggering a formal non-compliance notice. The stock remains listed for now, but this places the company on a defined remediation timeline under Nasdaq Listing Rules 5550(a)(2) and 5810(c)(3)(A).

The company has 180 days, until November 11, 2026, to record a closing bid of at least $1.00 for 10 consecutive sessions. If it satisfies all other initial listing standards, it may obtain a second 180-day period by committing to a cure plan, potentially including a reverse stock split.

If compliance is not restored within the available period(s), Nasdaq may move to delist the shares, shifting trading to less regulated venues. Actual impact will depend on future price performance and any corporate actions the board elects to pursue.

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

Minimum bid price: $1.00 per share Non-compliance trigger period: 30 consecutive business days Initial compliance window: 180 calendar days +3 more

6 metrics

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

Non-compliance trigger period 30 consecutive business days Closing bid below $1.00

Initial compliance window 180 calendar days Period to regain Nasdaq bid-price compliance

Compliance deadline November 11, 2026 End of initial 180-day period

Required compliant trading streak 10 consecutive business days Closing bid at or above $1.00

Potential extension Additional 180 calendar days Available if other initial listing standards are met

Key Terms

Minimum Bid Price Requirement, Nasdaq Listing Rule 5550(a)(2), Nasdaq Listing Rule 5810(c)(3)(A), Nasdaq Capital Market, +1 more

5 terms

Minimum Bid Price Requirement financial

"Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”)"

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 Listing Rule 5550(a)(2) regulatory

"Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share"

Nasdaq Listing Rule 5810(c)(3)(A) regulatory

"Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive business days"

Nasdaq Capital Market financial

"the Company no longer complies with the minimum bid price requirement for 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.

reverse stock split financial

"intention to cure the deficiency during the second compliance period by effecting a reverse stock split if necessary"

A reverse stock split is when a company reduces the number of its shares outstanding, making each share more valuable. For example, if you own 100 shares worth $1 each, a 1-for-10 reverse split would turn your 100 shares into 10 shares worth $10 each. Companies often do this to boost their stock price and appear more stable to investors.

Understanding 8-K Material Events →

05/18/2026 - 09:01 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): May 15, 2026

SYNERGY CHC CORP.

(Exact name of registrant as specified in its charter)

Nevada	001-42374	99-0379440
(State or Other Jurisdiction	(Commission File Number)	(IRS Employer
of Incorporation)		Identification No.)

700 Roosevelt Trail STE 8 #1016, N. Windham, Maine		04062
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (207) 321-2350

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 (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-4(c))

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 $0.00001 per share		SNYR		The Nasdaq Stock Market LLC

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

On May 15, 2026, Synergy CHC Corp. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based on the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”), and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the Minimum Bid Price Requirement exists if the deficiency continues for a period of 30 consecutive business days.

The Notice has no immediate effect on the listing of the Company’s common stock on Nasdaq. Pursuant to the Nasdaq Listing Rules, the Company has been provided an initial compliance period of 180 calendar days to regain compliance with the Minimum Bid Price Requirement. To regain compliance, the closing bid price of the Company’s common stock must be at least $1.00 per share for a minimum of 10 consecutive business days prior to November 11, 2026.

If the Company does not regain compliance by November 11, 2026, the Company may be eligible for an additional 180 calendar day compliance period. To qualify, the Company will be required to meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the Minimum Bid Price Requirement, and will need to provide written notice of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split if necessary. If the Company does not regain compliance within the compliance period(s), including any extensions that may be granted by Nasdaq, Nasdaq will provide notice that the Company’s common stock will be subject to delisting.

The Company intends to monitor the closing bid price of the Company’s common stock and consider its available options to resolve the noncompliance with the Minimum Bid Price Requirement. There can be no assurance that the Company will be able to regain compliance with the Minimum Bid Price Requirement or maintain compliance with other applicable Nasdaq listing requirements.

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.

Date: May 18, 2026

	SYNERGY CHC CORP.

	By:	/s/ Jack Ross
	Name:	Jack Ross
	Title:	Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What Nasdaq notice did Synergy CHC Corp. (SNYR) receive?

Synergy CHC Corp. received a written notice from Nasdaq stating its common stock no longer meets the minimum bid price requirement of $1.00 per share for 30 consecutive business days, placing the company in non-compliance with Nasdaq Capital Market standards.

What is Nasdaq’s minimum bid price requirement for SNYR shares?

Nasdaq Listing Rule 5550(a)(2) requires Synergy CHC’s common stock to maintain a minimum bid price of $1.00 per share. Falling below this level for 30 consecutive business days triggers a deficiency notice and starts a defined compliance period to restore eligibility.

How long does Synergy CHC have to regain Nasdaq bid-price compliance?

Synergy CHC has an initial 180-day period, until November 11, 2026, to regain compliance. The stock must close at or above $1.00 per share for at least 10 consecutive business days within this window to satisfy Nasdaq’s minimum bid price rule.

Can Synergy CHC get more time beyond November 11, 2026 to fix compliance?

If Synergy CHC meets all other initial Nasdaq Capital Market listing standards and market value of publicly held shares, it may receive an additional 180-day compliance period. The company must notify Nasdaq of its intent to cure, potentially by implementing a reverse stock split.

What happens if Synergy CHC fails to regain Nasdaq compliance?

If Synergy CHC does not regain compliance within the allowed period or extension, Nasdaq may notify the company that its common stock is subject to delisting. Trading could then move from the Nasdaq Capital Market to less regulated trading venues, affecting liquidity and visibility.

Is Synergy CHC considering a reverse stock split to meet Nasdaq rules?

The filing states that, if needed during a second 180-day compliance period, Synergy CHC would need to provide written notice of its intention to cure the deficiency, which may include effecting a reverse stock split to lift the bid price to at least $1.00.

Filing Exhibits & Attachments

3 documents