DeFi Technologies wins extra Nasdaq compliance period after missing $1 bid rule

  • DeFi Technologies received an additional Nasdaq compliance period ending March 1, 2027.
  • $0.6032 was DEFT’s Aug. 31 closing price before the initial deadline.
  • Nasdaq requires 10 consecutive qualifying closing prices to restore compliance.

DeFi Technologies has received an additional 180-calendar-day period from Nasdaq to regain compliance with the exchange’s $1 minimum closing bid requirement for its DEFT shares. The new deadline is March 1, 2027, after the company failed to complete the required 10-consecutive-business-day streak by the initial Sept. 1, 2026, deadline; its shares closed at $0.6032 on Aug. 31. Nasdaq granted the second compliance period because DeFi Technologies meets the continued-listing requirement for the market value of publicly held shares and all other initial listing standards for the Nasdaq Capital Market, apart from the bid-price rule. The company has submitted written notice that it intends to cure the deficiency, and trading on Nasdaq will continue without immediate consequences. Compliance will be restored if DEFT closes at or above $1 for at least 10 consecutive business days during the extension. DeFi Technologies has not said whether it will use a reverse stock split or another measure, and it has not guaranteed that the deficiency will be cured. The company operates businesses including Valour, Stillman Digital and DeFi Alpha, while its shares also trade in Canada, Germany and Brazil.

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