CHAI shares fell below $1 for 30 straight sessions, triggering a non-immediate Nasdaq compliance warning.
Core AI Holdings (CHAI) received a Nasdaq deficiency notice after its stock traded below $1 for 30 consecutive trading days. The notice does not affect the company’s current listing or trading status on Nasdaq.
The company has until January to regain compliance, which typically requires a closing bid price of at least $1 for 10 consecutive sessions. Nasdaq deficiency notices are common for low-priced stocks and do not indicate imminent delisting.
No immediate market reaction was reported following the announcement.