DeFi Technologies Granted Extra 180 Days by Nasdaq for Compliance

DeFi Technologies Inc., a financial technology firm listed on Nasdaq, has secured an additional 180-day compliance period from Nasdaq to meet the minimum bid price requirement. The company must adhere to the minimum bid price of at least US$1.00 per share for ten consecutive business days by March 1, 2027.

This extension follows an initial notification from March 5, 2026, where DeFi Technologies was informed that its common shares had been below the US$1.00 threshold. Despite this, the company's shares will continue to trade under the symbol "DEFT" on Nasdaq. DeFi is committed to monitoring the situation and exploring viable strategies to address the compliance issue.

There is no guarantee of compliance within the new timeframe. The situation remains fluid, with the company exploring options to maintain its standing on the exchange.