Nusatrip Receives Nasdaq Delisting Notice for Failing Minimum Bid Price Rule
Nusatrip Inc filed an 8-K on June 1, 2026 disclosing that Nasdaq notified the company it no longer satisfies the minimum bid price listing requirement. The notice starts a 180-day compliance period during which the stock must regain a closing bid price above $1.00 for 10 consecutive business days or face formal delisting proceedings.
nrn.comNUSATRIP Inc (NUTR) received a notice from The Nasdaq Stock Market on or about May 27, 2026 stating that the company does not comply with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share, according to an 8-K filed with the SEC on June 1, 2026.
The company, which trades under the ticker NUTR, is a single public entity with one class of common stock listed on Nasdaq. The filing does not disclose shares outstanding, market capitalization or number of shareholders affected.
Prior to the notice the company maintained Nasdaq Capital Market listing. The new state is a formal deficiency notification that triggers a 180-calendar-day grace period ending November 23, 2026. If the closing bid price equals or exceeds $1.00 for at least 10 consecutive business days during that window, Nasdaq will confirm compliance and the matter closes.
Absent that cure, the company will receive a delisting determination letter and its shares will no longer trade on Nasdaq, though the filing notes the company may appeal any such determination.
Downstream, the company must monitor its daily closing bid price and, if necessary, consider a reverse stock split or other corporate actions before the grace period expires. A delisting would require the company to either qualify for an alternative venue such as OTC Markets or remain as an unlisted public company, triggering separate SEC reporting obligations and potential contractual reviews under existing debt, customer or vendor agreements that reference Nasdaq listing status.
The filing also obligates the company to furnish the notice and any related press release as Exhibit 99.1, satisfying Item 9.01.
This marks the first public disclosure by Nusatrip of a listing-rule deficiency since its registration. The 8-K was filed under Items 3.01 and 9.01 and contains no financial statements beyond the required exhibit placeholder.
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