Nasdaq Gives AVAT a Deadline to Fix Listing Deficiencies

Nasdaq has put the Avalanche Treasury Corporation (AVAT) on notice for two listing deficiencies, giving it until February 2, 2027, to fix its bid-price and market-value issues. The company's share price needs to exceed $1, while its listed market value must recover above $35 million.

Currently trading around $0.32, AVAT would need to more than triple in value to meet the minimum bid-price requirement. A reverse stock split could address this issue but would not resolve the market-value shortfall, leaving compliance unresolved.

The company has not disclosed a definitive plan to address these issues, and it's unclear whether a reverse split would be enough to meet Nasdaq's requirements. AVAX One, another Avalanche-focused treasury company, faced similar pressure earlier this year and carried out a 1-for-12 reverse stock split in June.