Blaize Holdings, Inc. (BZAI) disclosed it received a non-compliance notice from The Nasdaq Stock Market on September 28, 2026. The notice was issued because the company's common stock failed to maintain a closing bid price of at least $1.00 per share for 30 consecutive business days, violating Nasdaq's continued listing requirements.
Key Details
- Compliance Period: The company has a 180-day grace period, until March 29, 2027, to regain compliance with the Minimum Bid Price Requirement.
- Requirement to Cure: To regain compliance, the closing bid price of BZAI's common stock must be at least $1.00 per share for a minimum of ten consecutive business days within the grace period.
- Continuation of Trading: BZAI's common stock will continue to trade on The Nasdaq Global Market under the symbol "BZAI" during this period. The company is evaluating its options to resolve the deficiency.