Dogness Receives NASDAQ Notification Regarding Minimum Bid Price Requirement
Key Highlights
- ➤Dogness (DOGZ) received Nasdaq notice after closing bid stayed below $1 for 30 consecutive business days
- ➤Nasdaq granted Dogness 180 calendar days, through April 19, 2027, to regain compliance
- ➤Shares continue trading uninterrupted; compliance requires at least $1 closing bid for 10 consecutive business days
- ➤Dogness may qualify for an additional 180-day compliance period if it remains noncompliant
- ➤Potential delisting and reverse share split are identified as risks if compliance is not restored
Dogness Receives NASDAQ Notification Regarding Minimum Bid Price Requirement PR Newswire
DONGGUAN, China, Oct. 20, 2026 /PRNewswire/ -- Dogness (International) Corporation ("Dogness" or the "Company") (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM, and private-label pet products, today announced that on October 19, 2026, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2) because the closing bid price of the Company's Class A common shares was below $1.00 per share for 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's Class A common shares, which will continue to trade uninterrupted on Nasdaq under the ticker "DOGZ."
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