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SEC filingNextPlat Corp regained compliance with Nasdaq's minimum bid price requirement, closing the delisting matter.
NextPlat Corp received a notice on April 28, 2025, that its common stock failed to meet the minimum bid price of $1.00 per share for continued listing on The Nasdaq Global Market. The company was granted a second 180-day grace period ending April 27, 2026. On April 27, 2026, Nasdaq confirmed that the closing bid price had been at or above $1.00 for 10 consecutive business days from April 13 to April 24, 2026, thereby regaining compliance. The matter is now closed, and NextPlat remains listed on The Nasdaq Capital Market. This resolution eliminates the immediate delisting risk and provides stability for shareholders.