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- Delisting (new) — Company received Nasdaq notice of non-compliance with minimum $1.00 bid price requirement after 30 consecutive business days below threshold.
Mercer receives Nasdaq delisting notice for failing $1 minimum bid price requirement
Filed July 10, 2026 · Period ending July 10, 2026 · ~1 min read
Key Changes
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Nasdaq notified Mercer on July 9, 2026 that its stock failed to maintain the $1.00 minimum bid price for 30 consecutive business days, triggering non-compliance with listing rules.
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule verify on EDGAR → -
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Company has 180 calendar days to regain compliance by maintaining a closing bid price of at least $1.00 for ten consecutive business days; Nasdaq will confirm compliance if achieved.
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule verify on EDGAR → -
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Management is monitoring the stock price and working toward compliance but acknowledges no assurance it can meet the requirement within the prescribed period.
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule verify on EDGAR →
Summary
Mercer disclosed it received formal notice from Nasdaq on July 9, 2026 that its common stock has fallen below the exchange's $1.00 minimum bid price requirement for 30 consecutive business days. This triggers a compliance deficiency under Nasdaq Listing Rule 5450(a)(1), though the stock remains listed and trading for now.
The notice is a warning flag that the company's market capitalization and investor sentiment have deteriorated to levels that put its exchange listing at risk. Mercer has 180 calendar days to cure the deficiency by sustaining a closing bid price of at least $1.00 for ten consecutive business days. Management acknowledged it is monitoring the situation but provided no assurance it can regain compliance.
Failure to meet the requirement within the grace period could lead to delisting proceedings, which would force the stock to over-the-counter markets with reduced liquidity and institutional ownership. Retail holders should watch whether the stock can stabilize above $1.00 or whether management pursues a reverse stock split to mechanically restore compliance.
Section-by-Section Diff
Event · Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule
Item 3.01 — Notice of Delisting or Failure to Satisfy a Continued Listing Rule filed; see Key Changes for terms.
Added in current filing · verify on EDGAR →
On July 9, 2026, Mercer International Inc. (the “Company””) received a written notification (the “Notice”) from the staff of the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days, the Company is no longer in compliance with the minimum bid price requirement of $1.00 per share, as set forth in Nasdaq Listing Rule 5450(a) (1) (the “Minimum Bid Price Rule”).
Mercer received formal notice from Nasdaq on July 9, 2026 that its common stock has failed to maintain the required minimum bid price of $1.00 per share for 30 consecutive business days. This triggers Nasdaq Listing Rule 5450(a)(1) non-compliance. The notice itself does not immediately delist the stock or affect current trading.
Added in current filing · verify on EDGAR →
In accordance with Nasdaq Listing Rule 5810(c) (3) (A), the Company has been given an initial 180 calendar day period to regain compliance with the Minimum Bid Price Rule (the “Compliance Period”). If at any time during the Compliance Period the closing bid price of the Company’s common stock is at least $1.00 for a minimum of ten consecutive business days, Nasdaq will provide the Company with written confirmation of compliance with the Minimum Bid Price Rule.
Mercer has 180 calendar days from the notice date to regain compliance. Compliance is achieved if the stock's closing bid price stays at or above $1.00 for at least ten consecutive business days during this period. Nasdaq will then provide written confirmation that the company has regained compliance.
Added in current filing · verify on EDGAR →
The Company is actively monitoring the closing bid price for its common stock and is working to regain compliance with Nasdaq’s listing rules. However, there can be no assurance that the Company will be able to regain compliance within the prescribed time period.
Management states it is actively monitoring the stock price and working toward compliance, but acknowledges uncertainty about whether it can regain compliance within the 180-day window. Failure to regain compliance could ultimately lead to delisting from Nasdaq.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jul 13, 2026 · How we verify