Bridgeline Digital, Inc. disclosed on October 16, 2026, that it received a deficiency notice from Nasdaq. The notification, dated October 14, 2026, cites a failure to meet the minimum bid price requirement. The company's common stock closed below $1.00 per share for 30 consecutive business days. This violation falls under Nasdaq Listing Rule 5550(a)(2).
Nasdaq granted the company a 180-day compliance period ending April 12, 2027. Bridgeline must maintain a closing bid price of at least $1.00 for 10 consecutive business days to regain compliance.
The notification does not trigger an immediate delisting of the common stock. Management plans to monitor the stock price and evaluate options to resolve the deficiency.