SenesTech Receives Nasdaq Notification on Stock Price
News related to:SenesTech · 2 min read
SURPRISE, Ariz., Oct. 22, 2026 /CourierPR/ -- SenesTech, the leader in rodent birth control and sustainable rodent population management, has received a notification from the listing qualifications staff of The Nasdaq Stock Market LLC on October 20, 2026. The company’s common stock had been trading below $1.00 per share for 30 consecutive business days, failing to meet the minimum bid price requirement for continued listing on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2). This notification does not immediately affect the listing of SenesTech’s common stock, which will continue to trade on the Nasdaq Capital Market under the symbol “SNES.”
SenesTech has 180 calendar days, or until April 19, 2027, to regain compliance with the minimum bid price requirement.
Recently, long-term holder Glenbrook Capital Management congratulated SenesTech on its recently announced 40% sequential and 55% year-over-year revenue growth in Q3. It has also reported a 38% ownership position and offered to work cooperatively with the Board and management team on practical measures designed to improve the Company's financial position and support operating priorities.
SenesTech intends to take a disciplined approach to financial management, balancing the need to maintain adequate liquidity and financial resources against the cost of capital and dilution to existing shareholders. The Company continues to evaluate its financing requirements and available alternatives, as well as the other options available to regain compliance with the Nasdaq listing rules.
SenesTech is the leader in rodent birth control and sustainable rodent population management, with a mission to support a healthier environment through the responsible management of animal pest populations. The Company's Evolve® and ContraPest® fertility control solutions, along with its assessment and monitoring services, target reproduction to help reduce rodent populations. SenesTech serves consumer and professional markets with proven approaches that can be used independently or as part of an integrated pest management (IPM) program.
The press release also includes forward-looking statements, which are intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include expectations regarding the Company’s efforts to regain compliance with Nasdaq’s minimum bid price requirement, its ability to regain compliance within the initial compliance period or to qualify for an additional compliance period, the execution of its strategic plans to grow the business and move toward profitability, its approach to financial management, and its evaluation of financing alternatives and other options to regain compliance with the Nasdaq listing rules.