Streamex Corp. receives Nasdaq delisting notice

Streamex Corp. (STEX) disclosed on October 7, 2026, that it received a formal notice from the Nasdaq Listing Qualifications staff indicating non-compliance with the exchange's minimum bid price requirement. The notification stems from the closing bid price of the company's common stock, which failed to meet the mandated threshold during the 30 consecutive business days ending October 6, 2026.

Nasdaq Listing Rule 5550(a)(2) requires listed securities on The Nasdaq Capital Market to maintain a minimum bid price of $1.00 per share. Because Streamex did not sustain this level, the exchange granted the company a compliance period of 180 calendar days, expiring on April 5, 2027. To regain compliance within this window, the closing bid price must reach at least $1.00 per share for a minimum of ten consecutive business days. The Nasdaq staff retains discretion to require a longer monitoring period if necessary.

The notice outlines specific conditions for alternative remedies. If Streamex opts to implement a reverse stock split to cure the deficiency, the transaction must be completed no later than ten business days before the April 5, 2027 deadline. Additionally, the exchange specified a critical failure point: if the closing bid price falls to $0.10 or less for ten consecutive trading days during the compliance period, Nasdaq will issue a Staff Delisting Determination immediately.

Should the company fail to regain compliance by the initial deadline, it may qualify for an additional 180-calendar-day period. Eligibility for this extension is conditional upon meeting all other initial listing standards for The Nasdaq Capital Market, including the market value of publicly held shares, and providing written notice of its intent to cure the deficiency. If Streamex is ineligible for an extension or fails to comply during the second period, Nasdaq will proceed with delisting. Any delisting determination can be appealed to a Nasdaq Hearings Panel under applicable listing rules.

The current notice does not interrupt trading operations. Streamex common stock remains listed and traded on The Nasdaq Capital Market under the symbol STEX, subject to ongoing compliance with other exchange requirements. The company stated it intends to actively monitor its closing bid price and evaluate available options to restore compliance. Management acknowledged that there is no assurance the company will regain compliance within the applicable timeframe.

The Form 8-K filing, signed by Chief Executive Officer Karl Henry McPhie on October 9, 2026, includes forward-looking statements regarding the company's ability to meet Nasdaq rules, including through potential stock splits or eligibility for extended compliance periods. These projections are subject to risks and uncertainties beyond the company's control, including market conditions and macroeconomic factors affecting digital asset markets.