Upexi, Inc. received a notification from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share due to closing prices remaining below this threshold for 30 consecutive business days ending July 29, 2026. The company has been granted an initial compliance period until January 26, 2027, to restore compliance by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. Upexi may consider implementing a reverse stock split as one potential alternative but has not announced any specific split ratio or effective date. The company operates in the cannabis technology and services industry.
