GIFT · Giftify, Inc.

0001493152-26-019253

Summary

Giftify received a Nasdaq delisting notice for low bid price but regained compliance after the stock closed at $1.00 or higher for ten consecutive days.

Key takeaways

Nasdaq notified Giftify on March 24, 2026, of non-compliance with minimum bid price rule.
Company had 180 days to regain compliance by maintaining $1 bid for ten consecutive days.
On April 27, 2026, Nasdaq confirmed compliance based on April 13-24 trading data.
The delisting matter is now closed; no further action required.

Full analysis

Giftify received a Nasdaq deficiency notice on March 24, 2026, for failing to meet the minimum $1.00 bid price requirement under Listing Rule 5550(a)(2). The company was granted a 180-day cure period. On April 27, 2026, Nasdaq confirmed that from April 13 to April 24, 2026, the stock's closing bid price was at least $1.00 for ten consecutive business days, thereby regaining compliance. The matter is now closed, removing the immediate risk of delisting.