SHF Holdings, Inc. received written notice from Nasdaq granting a second 180-day compliance period until April 19, 2027, to restore its Class A common stock's closing bid price to at least $1.00 per share. The company previously failed to meet the requirement by October 19, 2026. Nasdaq approved the extension because SHF meets market value and other listing standards, excluding the bid price rule. The company intends to cure the deficiency, potentially through a reverse stock split, if necessary. Failure to regain compliance by the deadline may result in delisting proceedings. Safe Harbor Financial is a fintech platform providing banking, lending, and payment services tailored to the regulated cannabis and hemp industries.
