Avalanche Treasury gets Nasdaq notice as AVAT bid price stays below $1 for 33 days
Reuters2026/08/07 20:17Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Avalanche Treasury received Nasdaq notices for failing continued listing standards on minimum bid price and market value of listed securities.
- Shares traded below $1 for 33 straight business days, triggering the minimum bid price deficiency.
- Market value of listed securities stayed under $35 million for 33 straight business days, breaching Nasdaq’s Capital Market threshold.
- Nasdaq gave a compliance window through Feb. 2, 2027; regaining compliance requires 10 consecutive business days above both thresholds.
- Failure to cure by the deadline could lead to delisting; a reverse stock split is among options under review.
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. Avalanche Treasury Corporation 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: 0001104659-26-092723), on August 07, 2026, and is solely responsible for the information contained therein.
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