Nasdaq Sends Minimum Bid Price Deficiency Notice to Ohmyhome
OMH sits 17% above its 52-week low of $0.23.
Summary
A Nasdaq deficiency notice has been issued to Ohmyhome for failing to meet the $1.00 minimum bid price, triggering a 180-day window to regain compliance or risk delisting. The company is weighing options, including a reverse stock split.
Key Events · Legal and Risk Events · OMH
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Nasdaq Deficiency Notice Received
Nasdaq notified Ohmyhome on July 13, 2026 that its Class A ordinary shares had closed below $1.00 for 30 consecutive business days, breaching the Minimum Bid Price Rule.
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180-Day Compliance Period
To regain compliance, the company must achieve a closing bid price of at least $1.00 for 10 consecutive business days by January 11, 2027.
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Reverse Stock Split Likely
Among the options being evaluated to cure the deficiency is a reverse stock split — a proposal that was already put before shareholders in a July 8 filing.
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Delisting Risk if Non-Compliant
Should compliance not be restored by the deadline, the stock faces delisting from Nasdaq, although an additional 180-day extension may be granted if the company satisfies other listing standards.
Analysis · OMH · Real Estate & Construction
A delisting risk has materialized for Ohmyhome after Nasdaq flagged its stock for trading below $1.00 over 30 consecutive business days. The company now has until January 11, 2027 to regain compliance, with a reverse stock split emerging as the most probable remedy — a measure already proposed in a July 8 filing. This formal notice heightens the urgency and underscores the stock's fragile standing, adding to the strain from recent divestitures and deepening losses.
At the time of this filing, OMH was trading at $0.27 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $6.1M. The 52-week trading range was $0.23 to $1.91. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.