Core AI Hit With Second Nasdaq Deficiency — Equity Falls Below $2.5M Minimum
CHAI sits 24% above its 52-week low of $0.232 on light trading volume (0.1× avg).
Summary
Core AI received a second Nasdaq deficiency notice — this time for shareholders' equity of $2.43M, below the $2.5M minimum. The company has until November 2, 2026 to submit a compliance plan.
Key Events · Legal and Risk Events · CHAI
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Second Nasdaq Deficiency Notice
Nasdaq notified Core AI on September 18, 2026 that its June 30, 2026 shareholders' equity of $2,429,389 falls below the $2,500,000 minimum required by Listing Rule 5550(b)(1).
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Compliance Plan Deadline
Core AI must submit a plan to regain compliance by November 2, 2026. If accepted, the company could receive up to 180 days — until March 17, 2027 — to regain compliance.
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Delisting Risk
If the plan is rejected or compliance is not regained, Nasdaq will issue a delisting notice for Core AI's common shares.
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Prior Bid-Price Deficiency
This equity deficiency is separate from the bid-price delisting notice disclosed on July 31, 2026, when the stock traded below $1.00 for 30 consecutive days.
Analysis · CHAI · Technology
A second Nasdaq delisting notice landed on September 18, 2026, this time over the minimum shareholders' equity rule. The June 30, 2026 balance sheet shows equity of $2,429,389 — roughly $70,000 short of the $2.5 million threshold. This deficiency is separate from the bid-price warning disclosed in July, compounding the company's listing risk. Core AI has until November 2, 2026 to submit a compliance plan, which could extend the deadline to March 17, 2027. The company says it intends to file a plan showing it has already regained compliance, but if Nasdaq rejects it, delisting proceedings begin. Against a backdrop of a blocked ATM program and going-concern language in the Q2 report, this adds another layer of regulatory pressure.
How filings like this one have moved
In the 30 days to Sep 30, 2026, 34.7% of the 1013 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.50%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, CHAI was trading at $0.29 on NASDAQ in the Technology sector, with a market capitalization of approximately $7.5M. The 52-week trading range was $0.23 to $15.68. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.