Uni-Fuels Gets Nasdaq Deficiency Notice for Sub-$1 Bid Price
UFG sits 16% above its 52-week low of $0.6 on light trading volume (0.1× avg).
Summary
Nasdaq notified Uni-Fuels on July 27 that its stock has traded below $1 for 30 consecutive days, triggering a 180-day compliance period. The company is evaluating options including a reverse stock split to avoid delisting.
Key Events · Legal and Risk Events · UFG
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Nasdaq Minimum Bid Price Deficiency
Nasdaq notified Uni-Fuels on July 27, 2026 that its closing bid price was below $1 for 30 consecutive business days (June 11 – July 24), violating Listing Rule 5550(a)(2).
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180-Day Compliance Period
The company has until January 25, 2027 to regain compliance by maintaining a closing bid price of at least $1 for 10 consecutive business days, or by completing a reverse stock split at least 10 business days before the deadline.
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Delisting Risk if Non-Compliant
If compliance is not regained by January 25, 2027, the company may be eligible for a second 180-day period only if it meets other listing standards and commits to a reverse split; otherwise, Nasdaq will initiate delisting proceedings.
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Reverse Split Authorization Already in Place
Shareholders approved a reverse stock split authorization on June 8, 2026, giving the board discretion to implement a split to address the bid price deficiency — a move that now appears increasingly likely.
Analysis · UFG · Trade & Services
Nasdaq has formally notified Uni-Fuels that its stock price fell below the $1 minimum bid requirement for 30 consecutive business days. The company now has 180 days, until January 25, 2027, to regain compliance—typically by sustaining a closing price above $1 for 10 consecutive days or by executing a reverse stock split. Failure to do so risks delisting from the Nasdaq Capital Market. This comes just weeks after shareholders approved a reverse split authorization, signaling that management anticipated this risk. The deficiency notice crystallizes the listing threat and puts pressure on the company to act, likely through a reverse split that would mechanically lift the share price but could further erode investor confidence.
How filings like this one have moved
In the 30 days to Oct 19, 2026, 43.2% of the 271 measured filings Wiseek scored 9 moved their stock by 5% or more by the next session's close. The median move was -0.30%. 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, UFG was trading at $0.70 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $22.7M. The 52-week trading range was $0.60 to $11.00. This filing was assessed with negative market sentiment and an importance score of 9 out of 10.