Nasdaq Moves to Delist NextNRG After Bid Price Deadline Lapses
NXXT is trading near its 52-week low of $1.05 (7.6% below the low).
Summary
Nasdaq has formally notified NextNRG that its common stock faces delisting unless the company wins an appeal. A hearing request is planned by September 22, which would stay delisting during the appeal process.
Key Events · Legal and Risk Events · NXXT
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Nasdaq Delisting Notice Received
On September 15, 2026, Nasdaq notified NextNRG that its common stock will be delisted from the Nasdaq Capital Market for failure to regain the $1.00 minimum bid price by the September 14, 2026 deadline.
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No Second Compliance Period
Nasdaq determined NextNRG is not eligible for a second 180-day compliance period because the company lacks the stockholders' equity required to meet initial listing standards.
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Hearing Request Stays Delisting
NextNRG intends to request a hearing before the Nasdaq Hearings Panel by September 22, 2026, which will automatically stay any suspension or delisting action pending the Panel's decision.
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Reverse Split Temporarily Restores Compliance
The 1-for-10 reverse split effective September 14, 2026, has kept the stock trading above $1.00, but there is no assurance it will continue to do so.
Analysis · NXXT · Trade & Services
A formal delisting notice from Nasdaq landed on September 15, 2026, after NextNRG failed to restore the $1.00 minimum bid price by the September 14 deadline. The company cannot access a second 180-day compliance period because its stockholders' equity falls short of initial listing standards. NextNRG plans to request a hearing by September 22, which would automatically stay delisting while the appeal is pending, but there is no guarantee the Panel will allow continued listing. Although the 1-for-10 reverse split effective September 14 has kept the stock above $1.00, the equity deficiency remains a critical barrier to maintaining the Nasdaq listing.
How filings like this one have moved
In the 30 days to Oct 16, 2026, 44.9% of the 303 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.26%. 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, NXXT was trading at $0.97 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $19.2M. The 52-week trading range was $1.05 to $28.80. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.