The delisting overhang is fully resolved, which removes a key barrier for institutional ownership and reduces forced-selling pressure. Monitor the next 10-Q for any fundamental revenue or cash-flow improvement — the stock still trades near the $1 threshold and could re-test compliance if fundamentals weaken.
Price Chart
Executive Summary
Smith Micro Software received formal notice from Nasdaq that it has regained compliance with the $1.00 minimum bid price requirement after its common stock closed at or above $1.00 for 10 consecutive business days (June 8–22, 2026). This closes the delisting risk that had been outstanding since June 2025, removing a significant overhang for the $16M market cap company.
Key Facts
- Nasdaq notified Smith Micro on June 23, 2026 that it regained compliance with the $1.00 minimum bid price rule (Listing Rule 5550(a)(2)).
- The stock closed at or above $1.00 for 10 consecutive business days from June 8 to June 22, 2026.
- The company had been under a bid-price deficiency notice since June 23, 2025, with two 180-day cure periods totaling 360 days.
- The compliance matter is now closed with no further extension or appeal needed.
Financial Impact
Removal of delisting risk for a $16M market cap company; no direct dollar figure disclosed.
Risk Factors
- Stock remains near $1.00; any sustained decline below $1.00 could trigger a new deficiency notice.
- No improvement in underlying business fundamentals was disclosed — the compliance regain is purely a price-based event.
- Market cap of $16M limits liquidity and institutional interest.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001437749-26-021428 |
| Document: 0001437749-26-021428-index-headers.html | 0001437749-26-021428 |
| Document: 0001437749-26-021428-index.html | 0001437749-26-021428 |
| Document: 0001437749-26-021428.txt | 0001437749-26-021428 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | 8-K | $2.70 | awaiting T+60 | — | $2.31 (−14.44%) |
Aug 13, 2026 10w ago | 8-K | $2.86 | awaiting T+60 | — | $2.31 (−19.23%) |
Jun 23, 2026 18w ago | 8-K | $2.76 $2.96 | ▲ +7.25% | ▲ +4.41% | $2.31 (−16.30%) |
Jun 12, 2026 19w ago | 8-K | $2.88 $2.84 | ▲ +1.22% | ▲ +4.48% | $2.31 (+19.65%) |
Mar 4, 2026 33w ago | 8-K | $0.6800 $0.8800 | ▼ −29.41% | ▼ −18.11% | $2.31 (−239.71%) |
US Market Status
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