XCel Brands, Inc. has been told it might be removed from Nasdaq for not meeting listing rules.

XELB · XCel Brands, Inc.

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The warning puts XCel Brands' place on Nasdaq at risk. It has until March 29, 2027 to meet the exchange's price rule and may qualify for more time. The company may use a reverse stock split if needed, but Nasdaq must decide whether it can fix the problem. XCel says it cannot assure it will meet the rules, so the risk outweighs the time and possible options.