Black Titan Corporation Announces Receipt of Nasdaq Non-Compliance Notice
Black Titan Corporation (Nasdaq: BTTC) received a written notice from Nasdaq's Listing Qualifications Department on September 2, 2026, stating that its ordinary shares no longer meet the $1.00 minimum bid price requirement after the closing bid sat below that level for 30 consecutive business days from July 22 through September 1, 2026. The notice has no immediate effect on trading, and the company has a 180-day compliance period — until March 1, 2027 — to regain compliance by holding a closing bid of at least $1.00 for 10 consecutive business days, with a possible additional 180-day period if certain conditions are met.
Key figures
- Minimum bid price
- $1.00
- Compliance deadline
- March 1, 2027
- Non compliance window
- 30 consecutive business days (July 22, 2026 - September 1, 2026)
- Compliance period days
- 180
- Days above bid required
- 10
- Potential reverse split
- Yes
- Second period available
- additional 180 calendar days, subject to conditions
AI analysis
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