ZOOZ receives Nasdaq delisting warning due to stock price falling below $1
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Bitcoin reserve strategy company ZOOZ Strategy Ltd. announced that due to its stock price remaining below $1 for 30 consecutive trading days, the company received a delisting warning notice from Nasdaq on December 16, violating the minimum bid price requirement for continued listing. ZOOZ has been granted a 180-day remediation period (until June 15, 2026); if the stock price stays at or above $1 for 10 consecutive trading days, compliance will be restored. The company plans to consider solutions including a reverse stock split, and current operations remain unaffected. ZOOZ is dual-listed on Nasdaq and TASE, holds 1,036 bitcoins, and has announced a $50 million stock buyback plan.
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