Bitcoin treasury company ZOOZ received a delisting warning from Nasdaq due to its stock price falling below $1.
ZOOZ Strategy Ltd. announced that it received a notification from Nasdaq on December 16th that its stock price had remained below $1 for 30 consecutive trading days, failing to meet the minimum price requirement for maintaining its listing. ZOOZ has been granted a 180-day grace period until June 15, 2026. If its stock price remains above $1 for 10 consecutive trading days, it can regain compliance. ZOOZ is considering solutions including a reverse stock split. Currently, its operations are unaffected. ZOOZ is a dual-listed company on Nasdaq and TASE, implementing a Bitcoin vault strategy.
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