Flora Growth regains Nasdaq compliance, shares surge.

Wednesday, Aug 20, 2025 9:21 am ET1min read

Flora Growth Corp regained Nasdaq compliance and its shares jumped in premarket trade. The company received a notice from Nasdaq confirming that its stock had met the minimum bid price requirement. Flora Growth's compliance with Nasdaq's rules is a positive development for the company and its investors.

Flora Growth Corp (NASDAQ: FLGC) has successfully regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notice received from the stock exchange on August 19, 2025. This development follows a period of non-compliance that began on February 25, 2025, when the company's shares fell below the $1.00 threshold for 30 consecutive business days. Nasdaq had given Flora a 180-day compliance period to address the issue.

The company's shares maintained a closing bid price above $1.00 for 10 consecutive trading days from August 4 through August 15, satisfying Nasdaq's requirements for continued listing. As a result, Flora Growth is now fully compliant with all applicable listing standards and will continue to be listed and traded on Nasdaq [1].

This news comes as a relief to investors and shareholders, as it removes the immediate risk of delisting and preserves the company's market access. The resolution of this compliance issue also suggests potential improvement in market perception of Flora Growth's fundamentals, although the specific catalyst for the price recovery is not detailed.

Flora Growth's successful navigation of this compliance challenge is significant for several reasons. First, it eliminates the immediate threat of delisting, 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, although 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.

Flora Growth's shares have seen a significant jump in premarket trade following the news of regaining Nasdaq compliance. This positive development underscores the importance of maintaining compliance with listing standards and the potential impact on shareholder value.

References:
[1] https://www.investing.com/news/company-news/flora-growth-regains-nasdaq-compliance-with-share-price-recovery-93CH-4202236
[2] https://www.nasdaq.com/press-release/flora-regains-compliance-nasdaq-minimum-bid-2025-08-20
[3] https://www.stocktitan.net/news/FLGC/flora-regains-compliance-with-nasdaq-minimum-bid-fzj7txsd7e0x.html

Flora Growth regains Nasdaq compliance, shares surge.

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