Upland Software Regains Nasdaq Compliance, Resolving Delisting Threat
UPLD sits 24% above its 52-week low of $4.
Summary
Upland Software announced it has regained compliance with Nasdaq's minimum bid price requirement, successfully resolving the delisting issue that prompted its recent reverse stock split.
Key Events · Corporate Governance and Compliance · UPLD
-
Regained Nasdaq Compliance
Upland Software received a letter from Nasdaq confirming its common stock maintained a closing bid price at or greater than $1.00 for 10 consecutive business days (June 17 - July 1, 2026), thereby regaining compliance with Nasdaq Listing Rule 5450(a)(1).
-
Resolves Delisting Threat
This action formally closes the matter regarding the company's non-compliance with the minimum bid price requirement, which had been an ongoing concern since April 2026.
-
Follows Reverse Stock Split
The compliance was achieved following the 1-for-10 reverse stock split that became effective on June 17, 2026, which was specifically undertaken to address the bid price deficiency.
Analysis · UPLD · Technology
Upland Software has officially regained compliance with Nasdaq's minimum bid price requirement. This is a critical positive development, as it removes the immediate threat of delisting that the company faced since April 2026 and was the primary driver behind the recent 1-for-10 reverse stock split approved by shareholders.
At the time of this filing, UPLD was trading at $4.94 on NASDAQ in the Technology sector, with a market capitalization of approximately $14.5M. The 52-week trading range was $4.00 to $39.10. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.