Soluna Holdings Inc. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price

Reuters

2025/05/09

Soluna Holdings Inc. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price

Soluna Holdings Inc. has announced a regulatory issue concerning its stock listing on the Nasdaq Capital Market. On May 8, 2025, the company received a notice from Nasdaq indicating that its common stock had closed below the minimum bid price of $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). This notice does not immediately affect the trading of Soluna's stock. The company has 180 calendar days, until November 4, 2025, to regain compliance by ensuring its stock price meets or exceeds $1.00 per share for at least ten consecutive business days. If Soluna fails to meet this requirement, it may be eligible for an additional 180-day compliance period. Failure to comply may result in delisting, although Soluna can appeal such a decision. The company is actively monitoring its stock price and considering strategies to meet Nasdaq's requirements.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Soluna Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001641172-25-009327), on May 08, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Soluna Holdings Inc. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Soluna Holdings Inc. has announced a regulatory issue concerning its stock listing on the Nasdaq Capital Market. On May 8, 2025, the company received a notice from Nasdaq indicating that its common stock had closed below the minimum bid price of $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). This notice does not immediately affect the trading of Soluna's stock. 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Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-05-09 06:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Soluna Holdings Inc. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Soluna Holdings Inc. has announced a regulatory issue concerning its stock listing on the Nasdaq Capital Market. On May 8, 2025, the company received a notice from Nasdaq indicating that its common stock had closed below the minimum bid price of $1.00 per share for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). This notice does not immediately affect the trading of Soluna's stock. The company has 180 calendar days, until November 4, 2025, to regain compliance by ensuring its stock price meets or exceeds $1.00 per share for at least ten consecutive business days. If Soluna fails to meet this requirement, it may be eligible for an additional 180-day compliance period. Failure to comply may result in delisting, although Soluna can appeal such a decision. 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ID: 0001641172-25-009327), on May 08, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SLNH","symbol_name":"Soluna Holdings, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250508:nNDL9Thhtm:1","article_id":"2534195357","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2534195357","pubTimestamp":1746742207,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Soluna Holdings Inc. has announced a regulatory issue concerning its stock listing on the Nasdaq Capital Market. 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The company has 180 calendar days, until November 4, 2025, to regain compliance by ensuring its stock price meets or exceeds $1.00 per share for at least ten consecutive business days. If Soluna fails to meet this requirement, it may be eligible for an additional 180-day compliance period. Failure to comply may result in delisting, although Soluna can appeal such a decision. The company is actively monitoring its stock price and considering strategies to meet Nasdaq's requirements.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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