Smith Micro Software, Inc. (SMSI) has regained compliance with The Nasdaq Stock Market's minimum bid price requirement of $1.00 per share. On June 23, 2026, Nasdaq formally notified the company that the matter is now closed, resolving the risk of delisting.
Key Details
- Compliance Condition Met: The company's common stock achieved a closing price at or above $1.00 for 10 consecutive business days, from June 8, 2026, to June 22, 2026.
- Background: The company was first notified of non-compliance on June 23, 2025, and subsequently received an extension until June 22, 2026, to meet the requirement.
- Status: Nasdaq has confirmed the company is in compliance with Listing Rule 5550(a)(2) and has closed the inquiry.