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Functional Brands shares face Nasdaq suspension June 16 after staff delisting notice

PUBT·06/15/2026 12:03:54
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Functional Brands shares face Nasdaq suspension June 16 after staff delisting notice
  • Functional Brands received a Nasdaq staff determination to delist its common stock, triggering a trading suspension at the open on June 16, 2026.
  • Action follows the stock closing at $0.10 or less for 10 straight trading days through June 8, 2026, during a bid-price compliance period.
  • The company had been working to regain compliance by June 29, 2026 after the stock traded below $1 for 30 consecutive business days.
  • An appeal hearing request can be filed by 4:00 p.m. ET on June 16, 2026 with a USD 20,000 fee, though the suspension would still take effect.
  • Nasdaq plans to file a Form 25-NSE to remove the shares from listing and registration.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Functional Brands Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202606150800NEWSFILECNPR____20260615_301450_1) on June 15, 2026, and is solely responsible for the information contained therein.