Monitor for any reverse stock split, capital raise, or business development announcements that could boost the stock price and MVPHS. The 180-day compliance window runs through January 20, 2027. A failure to regain compliance would likely trigger a transfer to the Nasdaq Capital Market or an OTC listing, which would be a significant negative catalyst for the stock.
Price Chart
Executive Summary
Fusemachines received a Nasdaq deficiency notice on July 24, 2026, for failing to maintain the minimum $15M Market Value of Publicly Held Shares (MVPHS) required for the Nasdaq Global Market. The company has until January 20, 2027, to regain compliance, but with a market cap of only $26M, the path to compliance is uncertain and poses a material delisting risk that could severely reduce liquidity and institutional ownership.
Key Facts
- Nasdaq notified Fusemachines on July 24, 2026, that its MVPHS was below $15M for 30 consecutive business days (June 10 – July 23, 2026).
- The company has 180 calendar days, until January 20, 2027, to regain compliance by closing at or above $15M MVPHS for 10 consecutive business days.
- The company's current market cap is approximately $26M, making the $15M MVPHS threshold a significant hurdle.
- Failure to regain compliance could result in delisting from the Nasdaq Global Market, severely impacting liquidity and institutional ownership.
Financial Impact
Delisting risk for a $26M market cap company failing to meet a $15M MVPHS threshold. No specific financial figures from the filing beyond the $15M requirement.
Risk Factors
- Failure to regain MVPHS compliance by January 20, 2027, leading to delisting from Nasdaq.
- Potential reverse stock split or dilutive capital raise as a compliance remedy.
- Reduced institutional interest and liquidity due to ongoing listing uncertainty.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (FUSE) — Batch item 1 | 0001493152-26-034604 |
| Document: 0001493152-26-034604-index-headers.html | 0001493152-26-034604 |
| Document: 0001493152-26-034604-index.html | 0001493152-26-034604 |
| Document: 0001493152-26-034604.txt | 0001493152-26-034604 |
| 8-K Filing (FUSE) — Batch item 5 | 0001493152-26-034604 |
| Document: 0001493152-26-034604-index-headers.html | 0001493152-26-034604 |
| Document: 0001493152-26-034604-index.html | 0001493152-26-034604 |
| Document: 0001493152-26-034604.txt | 0001493152-26-034604 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K | $0.3344 | awaiting T+20 | — | $0.3400 (−1.67%) |
Oct 14, 2026 13d ago | EFFECT | $0.3609 | awaiting T+20 | — | $0.3400 (−5.79%) |
Oct 6, 2026 20d ago | S-1 | $0.4370 | awaiting T+20 | — | $0.3400 (+22.20%) |
Sep 25, 2026 4w ago | 8-K | $0.6500 $0.3395 | ▲ +47.77% | ▲ +47.74% | $0.3400 (+47.69%) |
Sep 18, 2026 5w ago | 8-K | $0.5860 $0.3470 | ▲ +40.78% | ▲ +39.88% | $0.3400 (+41.98%) |
Sep 4, 2026 7w ago | 8-K | $0.6015 $0.4480 | ▼ −25.52% | ▼ −27.23% | $0.3400 (−43.47%) |
Aug 12, 2026 10w ago | 8-K | $0.8100 $0.6039 | ▼ −25.44% | ▼ −23.55% | $0.3400 (−58.02%) |
Aug 7, 2026 11w ago | 8-K | $0.8280 $0.6083 | ▼ −26.53% | ▼ −25.62% | $0.3400 (−58.94%) |
Aug 4, 2026 11w ago | 8-K | $1.03 $0.6375 | ▲ +38.11% | ▲ +36.87% | $0.3400 (+66.99%) |
Jul 24, 2026 13w ago | 8-K | $0.8600 $0.7655 | ▲ +10.99% | ▲ +14.29% | $0.3400 (+60.47%) |
US Market Status
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