GameSquare gets extension to regain NASDAQ compliance until September
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GameSquare Holdings Inc. (NASDAQ: GAME) received an additional 180-day extension from NASDAQ to regain compliance with the exchange's minimum bid price requirement, according to a company statement.
The gaming company must maintain a stock price of at least $1.00 per share by September 7, 2026, after receiving a second notice from NASDAQ's Listing Qualifications Department on March 10, 2026.
GameSquare initially received a compliance notice on September 10, 2025, when its stock closed below $1.00 for 30 consecutive business days. The company was granted an initial 180-day period until March 9, 2026, to address the deficiency.
NASDAQ determined GameSquare qualifies for the additional extension because the company meets continued listing requirements for market value of publicly held shares and other applicable standards for the NASDAQ Capital Market, except for the bid price rule. The company also provided written notice of its intention to cure the deficiency during the extension period through a reverse stock split if necessary.
To regain compliance, GameSquare's closing bid price must reach at least $1.00 per share for a minimum of 10 consecutive business days. NASDAQ may require the company to maintain this price level for up to 20 consecutive business days before confirming long-term compliance ability.
If GameSquare implements a reverse stock split, it must complete the action no later than 10 business days before the September 7, 2026 deadline. Failure to demonstrate compliance by the deadline would result in delisting notification, though the company could appeal to a NASDAQ Hearings Panel.
The company stated it will continue monitoring its stock price and may consider available options to regain compliance with the bid price requirement.
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