---
title: "Callan JMB receives Nasdaq notice for failing $1 minimum bid price rule"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/291590863.md"
description: "Callan JMB received a Nasdaq notice for failing to meet the $1 minimum bid price rule. The company has until December 28, 2026, to regain compliance by maintaining a closing bid price of at least $1 for ten consecutive business days. Failure to comply may trigger delisting proceedings, though a second extension is possible. Management is considering options such as a reverse stock split to restore compliance."
datetime: "2026-07-02T21:16:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/291590863.md)
  - [en](https://longbridge.com/en/news/291590863.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/291590863.md)
---

# Callan JMB receives Nasdaq notice for failing $1 minimum bid price rule

-   Callan JMB received a Nasdaq notice of noncompliance with the $1 minimum bid price rule for continued listing on the Nasdaq Capital Market. \* Shares remain listed under CJMB, with an initial 180-day window to regain compliance by Dec. 28, 2026. \* Compliance requires a closing bid price of at least $1 for at least 10 consecutive business days. \* Failure to cure could trigger delisting proceedings, with a possible second 180-day extension if eligibility conditions are met. \* Management is weighing options to restore compliance, including a potential reverse stock split. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Callan JMB Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-031963), on July 02, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here

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