DeFi Technologies Granted Additional Time by Nasdaq to Meet Minimum Bid Price Requirement
DeFi Technologies Inc., a financial technology company focused on bridging traditional capital markets and decentralized finance (DeFi), has been granted an additional 180-day compliance period by Nasdaq. This extension, which runs until March 1, 2027, allows the firm to regain compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The company already meets other continued listing requirements and has notified Nasdaq of its intent to address the issue during this second compliance period. The initial notification from Nasdaq was issued on March 5, 2026, after DeFi Technologies' stock closed below $1.00 for 30 consecutive business days. The company previously had until September 1, 2026, to resolve the issue but failed to meet it in time. Shares will continue trading under the symbol 'DEFT' on Nasdaq during this extended period. If DeFi Technologies can maintain a bid price of at least $1.00 for ten consecutive business days within the compliance window, Nasdaq will confirm that the company has regained compliance and close the matter.
Tickers: $DEFT
Topics: DeFi Nasdaq stock listing compliance