Rocky Mountain Chocolate Factory Inc. announced that it has been notified by Nasdaq of its non-compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Global Market. As of January 21, 2025, the company did not meet the required stockholders' equity of at least $10 million. Subsequently, on July 22, 2025, Nasdaq approved the company's voluntary application to transfer its listing to The Nasdaq Capital Market, effective July 24, 2025. Despite the transfer, the company's common stock will continue to trade under the symbol "RMCF" on a market that functions similarly to its previous listing.
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