Nasdaq Minimum Bid Price Compliance Deadline
Company: TeraWulf
What the later record shows
Outcome not yet confirmed
No passage addresses Nasdaq minimum bid price compliance or the September 13, 2023 deadline.
Checked October 9, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
TeraWulf must achieve a stock price of at least $1.00 per share for 10 consecutive business days by September 13, 2023 to regain Nasdaq listing compliance
Source (primary)
TeraWulf 8-K filed 2023-03-17 (SEC EDGAR, sec_filing)
View cached copy (2026-09-13)Live source ↗
Quote: “the Company has a period of 180 calendar days from the date of the notification, or until September 13, 2023, to regain compliance with the minimum bid price requirement. The Company will regain compliance with the minimum bid price requirement if at any time before September 13, 2023, the bid price for the Company's Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days.”
How we checked this
Checked on October 11, 2026. The cited source supports every part of this claim.
The 8-K states that TeraWulf had until September 13, 2023 to regain compliance, and that it would do so if the bid price closed at or above $1.00 for at least 10 consecutive business days. The filing specifies the closing bid price and notes that Nasdaq may grant extensions, but neither point contradicts the claim.
Confirmed in the source:
- TeraWulf was out of compliance with Nasdaq's $1.00 minimum bid price requirement (Listing Rule 5550(a)(2)) as of the March 17, 2023 notice
- TeraWulf had until September 13, 2023 to regain compliance with the minimum bid price requirement
- TeraWulf would regain compliance if its common stock's bid price closed at or above $1.00 per share for at least 10 consecutive business days before September 13, 2023
What we did: Read our cached copy of SEC EDGAR (https://www.sec.gov/Archives/edgar/data/1083301/000155837023004132/wulf-20230317x8k.htm) in full (8,281 characters, retrieved September 13, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms TeraWulf 8-K filed 2023-03-17
Quote: “the Company has a period of 180 calendar days from the date of the notification, or until September 13, 2023, to regain compliance with the minimum bid price requirement. The Company will regain compliance with the minimum bid price requirement if at any time before September 13, 2023, the bid price for the Company's Common Stock closes at or above $1.00 per share for a minimum of 10 consecutive business days.”
