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reAlpha Tech Corp. (NASDAQ:AIRE) ("reAlpha" or the "Company"), an AI-powered real estate technology company, today announced that it has received a notice from The Nasdaq Stock Market LLC ("Nasdaq") granting the Company an additional 180-day extension, until May 18, 2026, to regain compliance with the Nasdaq Capital Market's minimum bid price requirement under Listing Rule 5550(a)(2). This notice has no immediate effect on the listing or trading of reAlpha's common stock, which continues to trade on the Nasdaq Capital Market under the ticker symbol "AIRE."
Nasdaq granted the extension after determining that reAlpha meets the continued listing requirement for market value of publicly held shares and all other applicable initial listing criteria for the Nasdaq Capital Market. To regain compliance with the minimum bid price requirement, the closing bid price of the Company's common stock must meet or exceed $1.00 per share for a minimum of ten consecutive business days during the additional compliance period.
Posted In: AIRE
