Ohmyhome received a Nasdaq notice for failing to maintain the minimum $1 bid price, triggering a 180-day compliance period.
Ohmyhome (OMH) shares declined 5% to $0.26 in after-hours trading Thursday after the company disclosed a Nasdaq notice for not meeting the exchange’s minimum bid price requirement.
The deficiency notice grants Ohmyhome 180 calendar days to regain compliance by maintaining a closing bid price of at least $1 for a minimum of 10 consecutive business days. Nasdaq’s rules typically require listed companies to sustain this threshold to avoid delisting.
No immediate market reaction beyond the after-hours dip was reported, though continued non-compliance could pressure the stock further.