May. 1 at 5:21 AM
$ETS Elite Express received Nasdaq notice granting extra 180-day compliance period to regain minimum
$1 bid price under Listing Rule 5550(a)(2).
New deadline to regain compliance set for Oct. 26, 2026.
Company remained below
$1 bid-price threshold at end of initial cure period that ran through April 29, 2026.
Nasdaq will close deficiency if shares trade at or above
$1 for at least 10 consecutive business days.
Elite Express flagged reverse stock split as potential remedy; failure to regain compliance by Oct. 26, 2026 would trigger delisting notice.