OFA Group wins Nasdaq extension to meet $1 minimum bid price rule

OFA Group Class A

OFA Group Class A

OFAL

0.00
  • OFA Group won a second Nasdaq compliance window through Dec. 7, 2026 to regain the $1 minimum bid price requirement.
  • Nasdaq flagged the stock on Dec. 11, 2025 following 30 straight sessions below $1; the initial cure period ended June 9, 2026.
  • Continued listing status remains intact; Nasdaq cited the bid price rule as the only continued listing standard currently out of compliance.
  • Compliance requires a closing bid at or above $1 for at least 10 consecutive business days before the deadline.
  • A reverse stock split remains an option to cure the deficiency during the extended period.


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. OFA Group published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606120811PRIMZONEFULLFEED9746073) on June 12, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.