Tivic Health Systems, Inc. received a notification letter from Nasdaq on March 19, 2026, stating that its common stock closing bid price was below $1.00 per share for 30 consecutive business days, resulting in non-compliance with Nasdaq Listing Rule 5550(a)(2). The Company has 180 calendar days until September 15, 2026, to regain compliance by achieving $1.00 or above for 10 consecutive business days, with a possible second 180-day extension.
Key takeaways
Notification received March 19, 2026, from Nasdaq Listing Qualifications Department
Non-compliance due to closing bid price below $1.00 for 30 consecutive business days
Applies to Nasdaq Listing Rule 5550(a)(2) Minimum Bid Price Requirement
Compliance period: 180 calendar days ending September 15, 2026
Regain compliance if closing bid price at or above $1.00 for 10 consecutive business days
Possible second 180-day grace period if other listing standards met
Company intends to monitor bid price and consider options to resolve deficiency