Jul. 2 at 8:35 PM
$OBAI Quick factual update on where things stand with the
$1 minimum price rule:
• OBAI began trading on NASDAQ on Feb 4, 2026.
• The stock first started consistently trading below
$1 on May 21, 2026.
• It briefly went back above
$1 in late June, which reset the 30-business-day clock.
• It dropped back below
$1 around June 30 / July 1, 2026, starting a new 30-business-day count.
If OBAI stays below
$1 from this point, NASDAQ could send the official deficiency notice around mid-August 2026.
Once the notice is sent, the company gets 180 calendar days to regain compliance (by closing at or above
$1 for 10 consecutive business days). That puts the first deadline around mid-to-late February 2027.
If they don’t regain compliance in time, NASDAQ can grant a second 180-day extension, which would push the final deadline into August 2027.
This is a standard process for many micro-cap stocks. Plenty of companies work through this and regain compliance.
Not financial advice. Just sharing the timeline based on public NASDAQ rules and OBAI’s price action. Do your own research.
