How did Datavault AI regain Nasdaq compliance after receiving a minimum bid price non-compliance letter on May 6, 2025?

How did Datavault AI regain Nasdaq compliance after receiving a minimum bid price non-compliance letter on May 6, 2025? AI+

Tufayel • 9 days ago • Datavault AI Inc. • Public •

US:DVLT

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AI+ Standard • 9 days ago

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Datavault AI Inc. (DVLT) successfully regained compliance with Nasdaq's minimum bid price requirement by maintaining its stock price above $1.00 for a sustained period in late 2025.

Key details of their compliance journey include:

Initial Non-Compliance: On May 6, 2025, Datavault AI received a notification from Nasdaq indicating non-compliance with the minimum bid price rule (Nasdaq Listing Rule 5550(a)(2)), as its common stock had traded below $1.00 per share for 30 consecutive business days.1
Compliance Period: Nasdaq granted the company a 180-calendar-day period, extending until November 3, 2025, to regain compliance.1
Regaining Compliance: Datavault AI announced on October 10, 2025, that it had received official notification from Nasdaq confirming its return to compliance.2 This was achieved because the company's common stock maintained a closing bid price of at least $1.00 per share for ten consecutive trading days, specifically from September 26, 2025, to October 9, 2025.2

This successful resolution allowed DVLT to continue its listing on the Nasdaq Capital Market without further action regarding this specific deficiency.2

Kilder

1UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q

2October 10, 2025

3Digital Currency X Technology Inc. Announces Receipt of Nasdaq Notification Regarding Market Value of Listed Securities Requirement

4Big Tree Cloud Holdings Limited Receives Nasdaq Notice on MVLS and MVPHS Requirements

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