Fathom Holdings Receives Nasdaq Delisting Notice

Fathom Holdings Inc. (FTHM) disclosed in an 8-K filed May 29, 2026 that it received a notice from the Nasdaq Stock Market stating the company is not in compliance with the minimum bid price listing rule.

The filing, submitted under Item 3.01, states that on May 27, 2026 Nasdaq notified Fathom that its common stock had failed to maintain a minimum closing bid price of $1.00 per share for 30 consecutive business days. Nasdaq Listing Rule 5550(a)(2) requires the $1.00 minimum bid price. The company now has 180 calendar days from the date of the notice, until November 24, 2026, to regain compliance.

Regaining compliance requires the closing bid price of Fathom’s common stock to equal or exceed $1.00 for at least 10 consecutive business days during the cure period. If the company meets that threshold, Nasdaq will provide written confirmation of compliance and the matter will be closed.

If Fathom does not regain compliance by November 24, 2026, Nasdaq will issue a delisting determination letter, after which the company may appeal the decision.

The operational change means Fathom’s stock will continue trading on Nasdaq under the existing symbol during the compliance window but carries elevated delisting risk if the share price does not recover. The company must monitor its closing prices daily and, if necessary, consider corporate actions such as a reverse stock split to meet the price threshold before the period expires.

A separate filing will be required if Nasdaq grants an additional 180-day extension or if the company receives a delisting determination.

Downstream, the notice triggers a regulatory deadline that forces the board and management to address the share price by late November or face removal from the Nasdaq Capital Market. Removal would require the company to either move to OTC Markets or seek listing on another exchange, affecting liquidity, reporting obligations, and eligibility for certain institutional investors.

The filing also obligates Fathom to disclose any material updates on compliance status in future 8-K reports.

This is the first public notice of delisting proceedings for Fathom Holdings since it became a publicly traded company. The 8-K includes Exhibit 99.1, which contains the full text of the Nasdaq notice letter dated May 27, 2026.

Primary sources: SEC Form 8-K filed May 29, 2026 (Accession No. 0001628280-26-039190).