- Founder Group (FGL) said on Monday it received a Nasdaq notice on Sep. 16 stating that it no longer meets the 500,000 minimum publicly held shares requirement under Nasdaq Listing Rule 5550(a)(4).
- The company has until Nov. 2, 2026, to provide Nasdaq with a plan to address the listing deficiency and maintain compliance.
- The company plans to submit the plan before the deadline.
- Share +12.75%
