Solésence Faces Nasdaq Delisting Notice Over Sub-$1.00 Bid Price
SLSN sits 37% above its 52-week low of $0.613 on light trading volume (0.3× avg).
Summary
Solésence received a Nasdaq delisting notice on September 29, 2026 after its stock traded below $1.00 for 30 consecutive days. The company has 180 days, until March 29, 2027, to regain compliance.
Key Events · Legal and Risk Events · SLSN
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Nasdaq Delisting Notice Received
On September 29, 2026, Solésence received notice from Nasdaq that its stock had closed below $1.00 for 30 consecutive trading days, violating the minimum bid price requirement under Listing Rule 5550(a)(2).
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180-Day Compliance Window
The company has until March 29, 2027 to regain compliance by achieving a closing bid price of at least $1.00 for 10 consecutive trading days.
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Potential Additional Grace Period
If compliance is not regained by March 29, 2027, Solésence may qualify for an additional 180-day extension if it meets market value of publicly held shares and other listing standards.
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Compounding Regulatory Pressure
This delisting notice follows an August 2026 restatement of financials for multiple periods and a disclosed material weakness in internal controls, intensifying the company's compliance burden.
Analysis · SLSN · Industrial Applications And Services
Solésence has fallen below Nasdaq's $1.00 minimum bid price for 30 consecutive trading days, triggering a formal delisting notice. The company now has until March 29, 2027 to regain compliance by trading at or above $1.00 for 10 consecutive days. This comes on top of a recent financial restatement and material weakness disclosure, compounding the company's regulatory and capital-raising challenges. A delisting would severely impair its ability to raise capital and could accelerate a downward spiral.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 39.9% of the 323 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.36%. 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, SLSN was trading at $0.84 on NASDAQ in the Industrial Applications And Services sector, with a market capitalization of approximately $59.4M. The 52-week trading range was $0.61 to $4.55. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.