NewsMV
(Nasdaq: NXL) has regained compliance with the Nasdaq minimum bid price requirement following written confirmation from The Nasdaq Stock Market LLC.
The exchange verified that the company's common stock closed above the $1.00 per share threshold for 21 consecutive trading days, spanning August 31 through September 29, 2026, a period that followed the company's previously announced reverse stock split.
This confirmation, dated September 30, 2026, follows a September 25, 2026 decision by the Nasdaq Hearings Panel to grant Nexalin's request for continued listing.
Under the terms of that decision, the company was required to demonstrate bid price compliance, which it has now satisfied.
Keep reading