Netcapital Regains Nasdaq Minimum Bid Price Compliance
Netcapital (NCPL) announced on Wednesday that it has regained compliance with the Nasdaq's $1 minimum bid price requirement. The company achieved this by maintaining a share price above the threshold for 10 consecutive business days, ending October 6. This development is significant as it allows Netcapital to continue trading on the Nasdaq without facing delisting threats. The firm also noted that Adeptus has taken over from Fruci & Associates II, which resigned effective August 12, 2026. The change in auditors may signal a strategic shift or operational restructuring within the company as it works to stabilize its financial standing and market presence.
Topics: Nasdaq rules stock compliance