FingerMotion Receives Nasdaq Delisting Notice for Sub-$1.00 Bid Price
FNGR is trading near its 52-week low of $0.375 (4.0% above the low) on light trading volume (0.2× avg).
Summary
FingerMotion, Inc. received a Nasdaq deficiency letter for failing to maintain the minimum $1.00 bid price, putting its listing at risk. The company has until December 28, 2026, to regain compliance.
Key Events · Corporate Governance and Compliance · FNGR
-
Nasdaq Deficiency Letter Received
On June 30, 2026, FingerMotion received a notice from Nasdaq for failing to meet the minimum $1.00 bid price requirement for 30 consecutive business days, as per Nasdaq Listing Rule 5550(a)(2).
-
Compliance Deadline Set
The company has 180 calendar days, until December 28, 2026, to regain compliance. This requires the common stock's closing bid price to be $1.00 or more for a minimum of ten consecutive business days.
-
Potential Reverse Stock Split
FingerMotion may consider implementing a reverse stock split as an option to regain compliance with the minimum bid price requirement.
-
Risk of Delisting
Failure to regain compliance by the deadline, or any subsequently granted period, could lead to the delisting of the company's common stock from The Nasdaq Capital Market.
Analysis · FNGR · Technology
This Nasdaq deficiency letter is a critical development for FingerMotion, which has been under significant financial pressure, including a recent going concern warning and highly dilutive financing. Failure to maintain the minimum bid price puts the company's Nasdaq listing at risk, which can severely impact its ability to raise capital, investor confidence, and stock liquidity. The company is already trading near its 52-week low, and this notice adds further pressure, highlighting the urgent need for a strategic response to avoid delisting.
At the time of this filing, FNGR was trading at $0.39 on NASDAQ in the Technology sector, with a market capitalization of approximately $23.9M. The 52-week trading range was $0.38 to $2.35. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.