Heidmar Maritime Holdings Corp. (NASDAQ: HMR) announced it has regained compliance with NASDAQ listing standards after its stock maintained a closing bid price at or above $1.00 per share for 10 consecutive business days.

The Athens-based tanker management company had received a deficiency notice from NASDAQ on April 24, 2026, after its shares failed to maintain the minimum $1.00 closing bid price for 30 consecutive business days. NASDAQ granted the company a 180-day compliance period to address the issue.

NASDAQ has confirmed that Heidmar is now fully compliant and the matter is closed, according to the company's statement.

"We are pleased to have restored full compliance with Nasdaq's listing standards," said Pankaj Khanna, Chief Executive Officer. "The recovery in our share price reflects the commercial momentum we have built across the Heidmar platform, a 217% increase in revenues year-over-year, a return to positive net income, and an expanding fleet positioned to benefit from one of the most dynamic periods the tanker markets have seen in years."

Heidmar provides commercial and pool management services for crude and product tanker markets, with operations in Athens, London, Singapore, Chennai, and Hong Kong. The company serves vessel owners in the crude oil and refined petroleum products sectors.