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AI brief of an SEC Form 8-K · GIFTIFY, INC. (GIFT)

Giftify regains Nasdaq minimum bid price compliance, matter closed

Neutral Impact 2 of 5 legal/regulatory Written later

Giftify received a Nasdaq notice on March 24, 2026, after its closing bid price stayed below $1 per share for 30 consecutive business days. In an April 27, 2026 letter, Nasdaq said the stock had closed at $1.00 or higher for 10 consecutive business days, from April 13 to April 24, 2026, and that the company had regained compliance with the minimum bid price rule. Nasdaq closed the matter, so the filing reports no delisting action.

Key points

  • Nasdaq notice dated March 24, 2026, cited Rule 5550(a)(2), which requires a $1 minimum bid price.
  • Closing bid price was below $1 for 30 consecutive business days before the notice.
  • Stock closed at $1.00 or higher for 10 consecutive business days, April 13 to April 24, 2026.
  • Nasdaq letter dated April 27, 2026 confirmed compliance and closed the matter.

The filing

CompanyGIFTIFY, INC. (GIFT)
Form8-K, current report
Filed with the SECApr 28, 2026, 8:30 AM ET
Accession number0001493152-26-019253

Items reported: 3.01 Delisting / Listing Rule Notice

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:43 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 April 28, 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.