SPAR Group, Inc. (SGRP) Form 8-K — Jul 15, 2026
SPAR Group received a written notice from Nasdaq on July 14, 2026, stating that its Common Stock will be delisted from the Nasdaq Capital Market at the opening of business on July 23, 2026. The determination follows the company's failure to regain compliance with the minimum $1.00 bid price rule and the $2.5 million stockholders' equity requirement. The company has until July 21, 2026, to request a hearing to appeal the staff's decision. In a related Special Meeting held on July 10, 2026, stockholders voted against a proposal to amend the Certificate of Incorporation to effect a 1-for-5 reverse stock split.
Key figures
- Shares Outstanding
- 28398560
- Delisting date
- 2026-07-23
- Reverse split ratio
- 1-for-5
- Shares for reverse split
- 4851288
- Bid price rule minimum usd
- 1
- Shares against reverse split
- 9373945
- Stockholders equity rule minimum usd
- 2500000
Price after filing
Close on the filing date to close N calendar days later (from $0.83). Historical, not a forecast.
AI analysis
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