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Giftify regains Nasdaq compliance after shares trade above $1 for 10 days

PUBT·04/28/2026 12:39:52
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Giftify regains Nasdaq compliance after shares trade above $1 for 10 days
  • Nasdaq warned Giftify on March 24, 2026 that it was out of compliance with listing rule 5550(a)(2) after its shares traded below $1 for 30 consecutive business days.
  • Nasdaq set a 180-day window to regain compliance, requiring a closing bid of at least $1 for 10 consecutive business days.
  • Nasdaq closed the matter on April 27, 2026 after determining Giftify met the $1 minimum bid requirement from April 13, 2026 to April 24, 2026.


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. Giftify 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: 0001493152-26-019253), on April 28, 2026, and is solely responsible for the information contained therein.