UFG must restore its stock price above $1 by January 25, 2027, or risk delisting from Nasdaq.
Uni-Fuels (UFG) received a Nasdaq deficiency notice after its shares traded below $1 for 30 consecutive business days. The notice does not impact the company’s current listing or trading status.
Nasdaq rules require listed companies to maintain a minimum bid price of $1. UFG now has until January 25, 2027, to regain compliance. Failure to do so could result in delisting.
The company did not disclose immediate plans to address the deficiency.