Dragonfly reported a $184,000 stockholders’ equity deficit, below Nasdaq’s $2.5 million minimum, and did not meet the other listed standards. Nasdaq gave it until December 31, 2026, to show compliance, but failure could still lead to delisting.
The company must show Nasdaq that it meets the equity rule by December 31, 2026. The extra time helps, but its equity deficit and failure to meet the other listed standards leave its Nasdaq listing at risk.
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