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Organigram Provides NASDAQ Listing Update

OGI
  • Organigram Global Inc. received a notification from Nasdaq on November 11, 2026, stating its common shares are not in compliance with the minimum bid price requirement under Nasdaq Listing Rule 5450(a)(1).
  • The deficiency exists because the closing bid price fell below US$1.00 per share for 30 consecutive business days.
  • The notification has no immediate effect on the listing or trading of shares on the Nasdaq Global Select Market.
  • The company has 180 calendar days, until May 10, 2027, to regain compliance by maintaining a closing bid price of at least US$1.00 for 10 consecutive business days.
  • Failure to regain compliance by May 10, 2027, may result in an additional 180-day compliance period contingent on transferring the listing to the Nasdaq Capital Market, or potential delisting proceedings.
  • The company's listing status on the Toronto Stock Exchange remains unaffected by this notification.