The appeal process provides a temporary stay, but the dual compliance failure (bid price and equity) makes regaining compliance challenging without a reverse stock split or capital infusion. Monitor for hearing date and any disclosed compliance plan. If delisted, expect a sharp decline in liquidity and price.
Price Chart
Executive Summary
TOMI Environmental Solutions received a delisting notice from Nasdaq on May 19, 2026, for failing to regain compliance with the $1.00 minimum bid price requirement and the $2.5M minimum stockholders' equity requirement. The company plans to appeal, which will stay delisting through the hearing process, but the risk of eventual delisting is high given the dual compliance failures.
Key Facts
- Nasdaq notified TOMI on May 19, 2026, that its common stock will be delisted for failing to regain compliance with the bid price requirement (Rule 5550(a)(2)) and the stockholders' equity requirement (Rule 5550(b)(1)).
- The original non-compliance notices were issued on November 21, 2025, giving the company approximately 6 months to cure.
- The company plans to file an appeal, which will stay delisting through the hearing and any extension granted by the Hearings Panel.
- Market cap is approximately $17M, making this a micro-cap with limited resources to regain compliance.
Financial Impact
Delisting would severely reduce liquidity and institutional ownership, likely driving the stock price significantly lower. No specific dollar amounts provided in the filing.
Risk Factors
- Appeal may be denied, leading to immediate delisting.
- Even if appeal is granted, the company may fail to regain compliance within the extension period.
- Delisting would trigger defaults on debt or other agreements, and severely limit access to capital markets.
- Micro-cap status ($17M market cap) limits options for raising capital to cure equity deficiency.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001654954-26-005160 |
| Document: 0001654954-26-005160-index-headers.html | 0001654954-26-005160 |
| Document: 0001654954-26-005160-index.html | 0001654954-26-005160 |
| Document: 0001654954-26-005160.txt | 0001654954-26-005160 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 8-K | $1.44 | awaiting T+20 | — | $1.43 (−0.69%) |
Oct 15, 2026 12d ago | Press Release | $1.50 | awaiting T+20 | — | $1.43 (−4.67%) |
Oct 1, 2026 26d ago | Press Release | $1.36 | awaiting T+20 | — | $1.43 (+5.15%) |
Sep 21, 2026 5w ago | 8-K | $1.46 $1.47 | ▲ +0.68% | ▲ +1.24% | $1.43 (−2.05%) |
Sep 21, 2026 5w ago | Press Release | $1.46 $1.47 | ▲ +0.68% | ▲ +1.24% | $1.43 (−2.05%) |
Sep 18, 2026 5w ago | Press Release | $1.46 $1.47 | ▲ +0.68% | ▲ +0.48% | $1.43 (−2.05%) |
Sep 2, 2026 7w ago | 8-K | $1.66 $1.36 | ▼ −18.07% | ▼ −17.92% | $1.43 (−13.86%) |
Aug 14, 2026 10w ago | 8-K | $1.75 $1.58 | ▼ −9.71% | ▼ −7.72% | $1.43 (−18.29%) |
Aug 14, 2026 10w ago | Press Release | $1.75 $1.58 | ▼ −9.71% | ▼ −7.72% | $1.43 (−18.29%) |
Jul 29, 2026 12w ago | 8-K | $1.52 $1.73 | ▲ +13.82% | ▲ +8.80% | $1.43 (−5.92%) |
US Market Status
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