Flora Growth Corp. Regains Nasdaq Listing Compliance

Flora Growth Corp has regained compliance with Nasdaq's minimum bid price requirement of $1.00 per share, ending its 180-day compliance period. The company's shares maintained a minimum closing bid price of $1.00 or more for 10 consecutive trading days, meeting Nasdaq's requirements. Flora will continue to be listed and traded on Nasdaq.

Flora Growth Corp. (NASDAQ: FLGC) has successfully regained compliance with Nasdaq's minimum bid price requirement, effectively ending its 180-day compliance period. The company's shares maintained a minimum closing bid price of $1.00 or more for 10 consecutive trading days, meeting Nasdaq's requirements. This achievement allows Flora to continue its listing on the Nasdaq Stock Market, ensuring continued market access and investor confidence.

The compliance issue began on February 25, 2025, when Nasdaq notified Flora of its non-compliance with the minimum bid price requirement. The company was given 180 calendar days to meet the listing standard. Flora Growth successfully met the $1.00+ closing bid price for 10 consecutive trading days from August 4-15, 2025, thereby regaining compliance [1].

This development is significant for several reasons. First, it eliminates the immediate delisting threat, which would have forced the company to less prestigious exchanges with reduced liquidity, institutional investor access, and analyst coverage. Second, maintaining Nasdaq listing preserves shareholder confidence and market legitimacy at a critical time. Third, it suggests potential improvement in market perception of the company's fundamentals, though the specific catalyst for this price recovery isn't detailed.

The resolution also means Flora avoids needing to pursue more drastic measures like a reverse stock split, which would have artificially boosted share price while potentially signaling weakness. While this compliance achievement doesn't directly indicate operational improvements, it removes a significant market accessibility barrier and suggests Flora has bought crucial time to execute its business strategy without the distraction and stigma of a potential delisting procedure.

References:
[1] https://www.stocktitan.net/news/FLGC/flora-regains-compliance-with-nasdaq-minimum-bid-fzj7txsd7e0x.html