Expensify gets Nasdaq notice after shares trade below $1 bid price threshold

• Expensify received a Nasdaq notice on April 17, 2026, citing noncompliance with $1 minimum bid price rule for 30 consecutive business days.
• EXFY remains listed on Nasdaq Global Select Market, with no immediate trading impact.
• Compliance deadline set for October 14, 2026, requiring bid price at or above $1 for at least 10 consecutive business days.
• Failure to regain compliance could trigger a transfer to Nasdaq Capital Market, with a potential additional 180-day cure period.
• Shareholders will vote May 22, 2026 on reverse split authority, with ratios of 1-for-15 to 1-for-25.

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. Expensify 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: 0001476840-26-000024), on April 21, 2026, and is solely responsible for the information contained therein.