IRIDEX gets Nasdaq noncompliance notice over $1 bid rule
Nasdaq notified IRIDEX its stock failed the $1.00 minimum bid under Listing Rule 5550(a)(2) for 30 straight business days. It has 180 days, until Feb. 23, 2027, to regain compliance by closing at least $1.00 for 10 days.
On August 27, 2026, the company received a Nasdaq notice that its stock failed to meet the $1.00 minimum bid price under Listing Rule 5550(a)(2) for 30 consecutive business days.
The company has 180 days, until Feb 23, 2027, to regain compliance by achieving a closing bid of at least $1.00 for 10 c…