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

• high

  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 →
• high

  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 →
• high

  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 →