Alto Ingredients Inc. Faces Nasdaq Delisting Risk Due to Stock Price Falling Below $1 Threshold

Reuters
24 May
Alto Ingredients Inc. Faces Nasdaq Delisting Risk Due to Stock Price Falling Below $1 Threshold

Alto Ingredients Inc. announced on May 19, 2025, that it received a notification from The Nasdaq Stock Market regarding non-compliance with the minimum bid price requirement. The company's common stock has closed below the $1.00 per share threshold for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Alto Ingredients has been given 180 days, until November 15, 2025, to regain compliance by ensuring its stock price meets or exceeds $1.00 for at least 10 consecutive business days. Failure to do so may lead to delisting, although the company could be granted an additional 180 days if it meets certain criteria, potentially involving a reverse stock split to address the deficiency.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Alto Ingredients Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-25-047350), on May 23, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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