Bright Mountain Media, Inc. failed to regain compliance with OTCQB minimum bid price requirements and its common stock moved to the OTCID market tier on April 10, 2026.
Key takeaways
The Company failed to maintain the minimum $0.01 closing bid price required for ten consecutive trading days by the April 9, 2026 deadline.
Common stock commenced trading on the OTCID market tier starting April 10, 2026, downgraded from the OTCQB tier.
The trading symbol 'BMTM' remains unchanged during the transition to the new market tier.
The non-compliance resulted from the bid price closing below $0.01 for more than 30 consecutive calendar days.