DeFi Technologies Inc. received a 180-day extension from Nasdaq to meet the exchange's minimum bid price requirement.
The new compliance deadline is March 1, 2027.
The company's shares failed to maintain the $1.00 minimum price before the initial September 1, 2026, deadline.
Nasdaq granted the extension because the company satisfies all other initial listing standards.
Common shares will continue trading under the symbol DEFT with no immediate impact.
The stock must maintain a closing bid price of at least $1.00 to regain compliance.
This price level must be held for 10 consecutive business days before the deadline.