Flash FinanceUS
Market closed S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · Expensify, Inc. (EXFY)

Expensify regains Nasdaq minimum bid price compliance after 10 days above $1.00

Neutral Impact 2 of 5 legal/regulatory Written later

Nasdaq told Expensify on May 28, 2026 that the company has regained compliance with the $1.00 minimum bid price requirement and that the matter is closed. The Class A stock closed at $1.00 or higher for the 10 consecutive business days from May 13 to May 27, 2026, resolving a deficiency notice received April 17, 2026.

Key points

  • Nasdaq deficiency notice received April 17, 2026 for closing bid price below $1.00 for 30 consecutive business days
  • Nasdaq confirmed on May 28, 2026 that the stock closed at $1.00 or higher from May 13 to May 27, 2026
  • Nasdaq considers the minimum bid price matter closed

The filing

CompanyExpensify, Inc. (EXFY)
Form8-K, current report
Filed with the SECMay 29, 2026, 5:15 PM ET
Accession number0001476840-26-000050

Items reported: 8.01 Other Events

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 10:08 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 29, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.