Synergy CHC Faces Nasdaq Delisting Notice Over Late Q2 10-Q
SNYR sits 24% above its 52-week low of $0.087.
Summary
Synergy CHC Corp. received a Nasdaq delisting notice for failing to file its Q2 2026 Form 10-Q, adding to a series of recent distress signals including a loan default and loss of a major customer.
Key Events · Legal and Risk Events · SNYR
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Nasdaq Delisting Notice Received
On August 20, 2026, Synergy CHC Corp. received a notice from Nasdaq stating it is not in compliance with Listing Rule 5250(c)(1) due to the delayed filing of its Q2 2026 Form 10-Q.
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Compliance Deadlines Set
The company has 60 days (until October 19, 2026) to submit a compliance plan, and Nasdaq may grant up to 180 days (until February 10, 2027) to regain compliance.
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Uncertainty Over Filing
The company cannot predict when or whether the Q2 Form 10-Q will be filed, and there is no assurance it will regain compliance.
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Escalating Distress Signals
This notice follows a default notice on the company's $17.6 million term loan on August 11, 2026, and the loss of Costco as a customer in July 2026.
Analysis · SNYR · Life Sciences
A Nasdaq notice on August 20, 2026, put Synergy CHC Corp. on notice for failing to file its Q2 2026 Form 10-Q on time. The company has 60 days to submit a compliance plan and could receive up to 180 days to regain compliance, but it cannot predict when or whether the filing will be completed. This adds to a cascade of distress: a default notice on its $17.6 million term loan on August 11, the loss of Costco as a customer in July, and a highly dilutive equity plan approved in June. The delisting notice is a critical governance and liquidity red flag that could lead to removal from Nasdaq, further impairing the company's ability to raise capital.
At the time of this filing, SNYR was trading at $0.11 on NASDAQ in the Life Sciences sector, with a market capitalization of approximately $1.7M. The 52-week trading range was $0.09 to $3.22. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.