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Nasdaq notifies Xcel Brands of non-compliance with the $1.00 minimum bid price requirement
XELBXCel Brands, Inc.
Xcel Brands, Inc. received a notice from Nasdaq on September 29, 2026, stating its common stock failed to maintain the minimum $1.00 bid price requirement for 30 consecutive business days. The company has 180 calendar days, until March 29, 2027, to regain compliance by achieving a closing bid price of at least $1.00 for ten consecutive business days. Failure to comply may result in delisting from the Nasdaq Capital Market, though the company may seek extensions or effect a reverse stock split. Xcel Brands operates in the consumer discretionary sector as a retailer and distributor of branded apparel and accessories.