Nasdaq Issues Delisting Determination for Parabolic Technologies
Nasdaq issued a Staff Delisting Determination after Parabolic Technologies failed to meet the $1.00 minimum bid price requirement. Prior reverse stock splits make the company ineligible for the usual compliance period.
On October 27, 2026, Nasdaq issued a Staff Delisting Determination after Parabolic Technologies failed to meet the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2); prior reverse stock splits make the company ineligible for the usual compliance period. The company intends to…