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Rocket One Inc. received a notification from Nasdaq on August 6, 2026, indicating non-compliance with the minimum bid…
HOTHRocket One Inc.
Rocket One Inc. received a notification from Nasdaq on August 6, 2026, indicating non-compliance with the minimum bid price requirement of $1.00 per share under Listing Rule 5550(a)(2). The deficiency was identified based on closing bid prices between June 24 and August 5, 2026. The company has until February 2, 2027, to regain compliance by maintaining a closing price of at least $1.00 for ten consecutive business days. Failure to comply may result in delisting proceedings. Additionally, on August 11, 2026, the company announced its acceptance into the Seagate Partner Program to access enterprise storage resources and support its AI infrastructure strategy. Rocket One Inc. is a technology company focused on developing next-generation nanomagnetic AI chip technology for space, defense, and commercial applications.