XBP Global Holdings Inc. Receives Nasdaq Deficiency Notice for Falling Below Minimum Bid Price Requirement
XBP Global Holdings Inc. has announced that it received a deficiency letter from the Nasdaq Listing Qualifications Department, indicating that the company's common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This requirement is part of the Nasdaq Listing Rule 5550(a)(2). The company has been granted a 180-calendar-day compliance period, ending on March 16, 2026, to rectify this issue. During this period, the closing bid price of XBP's common stock must meet or exceed $1.00 per share for at least ten consecutive business days to regain compliance. Despite the deficiency, the company's stock and publicly traded warrants will continue trading on the Nasdaq Capital Market under the symbols "XBP" and "XBPW," respectively.
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