Fathom Holdings Receives Nasdaq Delisting Warning for Sub-$1 Stock Price
Summary
Fathom Holdings Inc. has received a notification from Nasdaq indicating non-compliance with the minimum $1.00 bid price rule for continued listing. The company's common stock has traded below this threshold for 30 consecutive business days, triggering Listing Rule 5550(a)(2). Fathom Holdings now has 180 calendar days, until October 7, 2026, to regain compliance, with a potential for an additional 180-day extension. This notification signals significant risk to the company's public listing status and could lead to delisting if the stock price does not recover. Traders will be closely watching the company's efforts to address its stock price and maintain its Nasdaq listing.
At the time of this announcement, FTHM was trading at $0.94 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $30.8M. The 52-week trading range was $0.48 to $3.37. This news item was assessed with negative market sentiment and an importance score of 8 out of 10. Source: Wiseek News.