ACCESS Newswire·Nov 13, 2026, 7:30 PM ET

NuRAN Wireless Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

NuRAN Wireless Inc. received a notification letter from Nasdaq on November 10, 2026, stating it failed to comply with Listing Rule 5550(a)(2) due to a closing bid price below US$1.00 for 30 consecutive business days.
The deficiency period spanned from September 29, 2026, to November 9, 2026, & the notification does not immediately affect the trading of shares under the symbol "NUR".
NuRAN has 180 calendar days, until May 10, 2027, to regain compliance by achieving a closing bid price of US$1.00 or higher for at least 10 consecutive business days.
Nasdaq may require the compliance period to extend beyond 10 days, generally up to 20 consecutive business days, to verify long-term adherence.
Failure to comply by May 10, 2027, may allow for an additional 180-day period if the company meets the US$1 million market value of publicly held shares requirement & notifies Nasdaq of its intent to cure the deficiency.
If a reverse stock split is elected to cure the deficiency, it must be completed no later than 10 business days prior to the May 10, 2027, deadline.
Non-compliance or ineligibility for an extension could result in delisting, though the company retains the right to appeal such a determination while shares continue to trade.
NuRAN management intends to actively monitor the bid price & consider all available options to regain compliance, & business operations remain unaffected by the notification.