SenesTech, Inc. (SNES) Form 8-K — Oct 22, 2026
SenesTech received a Nasdaq notice on October 20, 2026 that its stock closed below $1.00 for 30 consecutive business days, violating the minimum bid price rule for continued listing on the Nasdaq Capital Market. The company has until April 19, 2027 to regain compliance by closing at $1.00 or above for 10 consecutive business days. Management paired the disclosure with positive operational news: preliminary Q3 revenue of approximately $1.1 million was a company record, up 40% sequentially and 55% year-over-year. CEO Michael Edell said continued execution and broader investor awareness could help the share price better reflect the business.
Key figures
- Compliance deadline
- 2027-04-19
- Glenbrook ownership
- 38%
- Q3 revenue qoq growth
- 40%
- Q3 revenue yoy growth
- 55%
- Q3 2026 preliminary revenue
- $1.1 million
- Consecutive days below 1 usd
- 30
AI analysis
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