Elite Express regains Nasdaq $1 minimum bid price compliance, avoids delisting risk

Reuters2026/08/07 20:06

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Elite Express regained Nasdaq compliance with the $1 minimum bid price rule on Aug. 6, 2026.
Nasdaq closed the matter after the stock held at least $1 for 10 consecutive business days.
The company had faced a delisting risk since Oct. 31, 2025, when it first fell below $1 for 30 straight sessions.
Nasdaq had extended the compliance deadline to Oct. 26, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elite Express Holding Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-092685), on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Elite Express regains Nasdaq $1 minimum bid price compliance, avoids delisting risk

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