SHF Holdings, Inc., doing business as Safe Harbor Financial, announced on October 20, 2026, that it has received written notice from The Nasdaq Stock Market LLC granting the company an additional 180-calendar-day compliance period. This extension allows the company until April 19, 2027, to regain compliance with Nasdaq’s minimum bid price requirement, which mandates a minimum closing bid price of $1.00 per share for continued listing.
The company was previously notified on April 22, 2026, that it had failed to meet the minimum bid price requirement and was granted an initial 180-day period that expired on October 19, 2026. Nasdaq granted this new extension based on the company meeting the continued listing requirements for market value of publicly held shares and all other applicable initial listing standards, with the exception of the minimum bid price requirement.
During this second compliance period, the company intends to actively monitor the closing bid price of its Class A common stock. The company has notified Nasdaq of its intention to cure the deficiency by effecting a reverse stock split if necessary. If the closing bid price of the common stock reaches at least $1.00 for a minimum of 10 consecutive business days at any point during this period, Nasdaq will provide written confirmation of compliance.
If the company does not regain compliance by the April 19, 2027 deadline, Nasdaq will provide a written notification that the company’s securities will be subject to delisting. At that time, the company may appeal the determination to a Nasdaq Hearings Panel. The company’s common stock will continue to trade on The Nasdaq Capital Market under the symbol SHFS during this period.
