Delisting risk is resolved for now, but the stock remains near the $1.00 threshold. Monitor upcoming quarterly results for any fundamental improvement that could sustain the bid price above $1.00. A future dip below $1.00 for 30 consecutive days would trigger a new deficiency notice.
Price Chart
Executive Summary
Expensify received a Nasdaq deficiency notice on April 17, 2026 for trading below the $1.00 minimum bid price for 30 consecutive business days. On May 28, 2026, Nasdaq confirmed the company regained compliance after the closing bid price remained at or above $1.00 for 10 consecutive business days through May 27, 2026, and considers the matter closed. This removes the immediate delisting risk but does not change the underlying business fundamentals.
Key Facts
- Received Nasdaq deficiency letter on April 17, 2026 for bid price below $1.00 for 30 consecutive business days
- Regained compliance on May 28, 2026 after closing bid price was at or above $1.00 for 10 consecutive business days (May 13-27, 2026)
- Nasdaq considers the matter closed
- Market cap is approximately $112M
Financial Impact
No direct financial impact; delisting risk removed
Risk Factors
- Stock remains near the $1.00 minimum bid price threshold; any sustained decline could trigger another deficiency notice
- No improvement in underlying business fundamentals from this filing alone
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001476840-26-000050 |
| Document: 0001476840-26-000050-index-headers.html | 0001476840-26-000050 |
| Document: 0001476840-26-000050-index.html | 0001476840-26-000050 |
| Document: 0001476840-26-000050.txt | 0001476840-26-000050 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 19w ago | Insider Cluster | $1.26 $1.31 | ▲ +3.97% | ▲ +2.20% | $2.51 (+99.21%) |
May 29, 2026 21w ago | 8-K | $1.17 $1.18 | ▲ +0.85% | ▲ +0.71% | $2.51 (+114.53%) |
May 7, 2026 24w ago | 8-K | $1.03 $0.9740 | ▲ +4.98% | ▲ +5.21% | $2.51 (−144.88%) |
Apr 28, 2026 26w ago | Insider Cluster | $1.02 $1.05 | ▼ −2.94% | ▼ −2.95% | $2.51 (−146.08%) |
Apr 21, 2026 26w ago | 8-K | $0.8760 $0.8750 | ▲ +0.11% | ▼ −0.28% | $2.51 (−186.53%) |
Apr 10, 2026 28w ago | DEFA14A | $0.8640 $0.8700 | ▲ +0.69% | ▼ −0.52% | $2.51 (+190.51%) |
Mar 2, 2026 34w ago | Insider Cluster | $0.9340 $0.9930 | ▲ +6.32% | ▲ +7.23% | $2.51 (+168.74%) |
US Market Status
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