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Blue Gold Limited received a notification from Nasdaq on July 24, 2026, indicating it failed to maintain the minimum…
BGLBlue Gold Ltd
Blue Gold Limited received a notification from Nasdaq on July 24, 2026, indicating it failed to maintain the minimum Market Value of Publicly Held Shares (MVPHS) of $15,000,000 required for continued listing on the Nasdaq Global Market. The deficiency was based on the company's MVPHS over the 30 consecutive business days from June 10, 2026, through July 23, 2026. Nasdaq has granted the company an 180-day compliance period ending January 20, 2027, during which the MVPHS must close at or above $15,000,000 for at least ten consecutive business days. The company intends to evaluate options to regain compliance, including potentially transferring its listing to the Nasdaq Capital Market. Blue Gold Limited operates in the gold mining industry, exploring and developing mining projects to sell gold directly to end customers in tokenized form.