Nasdaq keeps STAK Inc. (Nasdaq: STAK) listed after $1 bid-price recovery
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
STAK Inc. reports that it has regained compliance with Nasdaq’s minimum bid price rule. Nasdaq confirmed that for 10 consecutive business days, from March 27, 2026 to April 10, 2026, the closing bid price of STAK’s Class A ordinary shares was at or above $1.00 per share.
As a result, the prior deficiency under Nasdaq Listing Rule 5550(a)(2) has been resolved, the matter is closed, and STAK’s Class A ordinary shares are no longer subject to delisting from The Nasdaq Capital Market.
Positive
- Nasdaq compliance restored: STAK’s Class A ordinary shares met the $1.00 minimum bid price for 10 consecutive business days through April 10, 2026, resolving a prior deficiency and removing the immediate delisting risk from The Nasdaq Capital Market.
Negative
- None.
Insights
STAK removes immediate Nasdaq delisting risk by regaining bid-price compliance.
STAK Inc. has restored compliance with Nasdaq Listing Rule 5550(a)(2) after its Class A shares closed at or above $1.00 for 10 straight business days ending April 10, 2026. Nasdaq has formally closed the deficiency matter.
This change is important because it eliminates an active delisting threat tied to the earlier notice from October 15, 2025, when the stock had traded below $1.00 for 30 consecutive business days. Continued compliance will depend on future trading levels, but the company now remains listed on The Nasdaq Capital Market under the ticker “STAK.”
Key Figures
Minimum bid price threshold: $1.00 per share
Compliance period length: 10 consecutive business days
Prior deficiency period: 30 consecutive business days
+1 more
4 metrics
Minimum bid price threshold
$1.00 per share
Nasdaq Listing Rule 5550(a)(2) requirement
Compliance period length
10 consecutive business days
Closing bid at or above $1.00 from March 27, 2026 to April 10, 2026
Prior deficiency period
30 consecutive business days
Closing bid below $1.00 noted in Nasdaq letter dated October 15, 2025
Listing rule cited
Nasdaq Listing Rule 5550(a)(2)
Minimum bid price requirement for The Nasdaq Capital Market
Key Terms
Nasdaq Listing Rule 5550(a)(2), minimum bid price requirement, Form 6-K, foreign private issuer, +1 more
5 terms
Nasdaq Listing Rule 5550(a)(2) regulatory
"informing the Company that it has regained compliance with Nasdaq Listing Rule 5550(a)(2)"
minimum bid price requirement financial
"has regained compliance with the minimum bid price requirement of $1.00 per share"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Form 6-K regulatory
"filed as Exhibit 99.1 to this Report on Form 6-K and is incorporated herein by reference"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
forward-looking statements regulatory
"Certain statements in this announcement are forward-looking statements."
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
FAQ
What did STAK Inc. (STAK) announce in its April 2026 Form 6-K?
STAK Inc. announced it has regained compliance with Nasdaq’s minimum bid price rule. Nasdaq confirmed its Class A ordinary shares closed at or above $1.00 for 10 consecutive business days, closing the deficiency matter and keeping the shares listed on The Nasdaq Capital Market.
How did STAK Inc. regain compliance with Nasdaq Listing Rule 5550(a)(2)?
STAK regained compliance by maintaining a closing bid of at least $1.00 per share for 10 straight business days. From March 27, 2026 to April 10, 2026, its Class A ordinary shares stayed at or above $1.00, satisfying Nasdaq’s minimum bid price requirement.
Why was STAK Inc. previously out of compliance with Nasdaq’s bid price rule?
STAK previously fell out of compliance after its shares traded below $1.00 for 30 consecutive business days. On October 15, 2025, Nasdaq notified the company that its Class A ordinary shares had failed the minimum bid price requirement, triggering a deficiency notice and potential delisting risk.
Is STAK Inc. still at risk of being delisted from Nasdaq?
Based on the notice described, STAK is no longer subject to the prior delisting process. Nasdaq’s compliance letter states the minimum bid price deficiency is resolved, the matter is closed, and the company’s Class A ordinary shares remain listed on The Nasdaq Capital Market.
What Nasdaq market and ticker symbol does STAK Inc. trade under now?
STAK Inc. continues to trade on The Nasdaq Capital Market under the ticker symbol “STAK.” After regaining compliance with the $1.00 minimum bid requirement, the company’s Class A ordinary shares remain listed on this market segment, according to the Nasdaq compliance letter.
What business does STAK Inc. operate in according to the filing?
STAK Inc. focuses on oilfield-specialized production and maintenance equipment. It designs and manufactures equipment, works with vehicle manufacturers to integrate systems into specialized oilfield vehicles, and also sells related components and automation solutions to help oilfield services companies reduce costs and improve efficiency.