Orion Digital has received a written notification from Nasdaq's Listing Qualifications Department on June 25, 2026, indicating a bid price deficiency. The company's common shares closed below the minimum $1.00 per share requirement for 30 consecutive business days under Nasdaq Listing Rule 5550(a)(2). The notice has no immediate impact on the listing or trading of Orion Digital's stock, which will continue to trade normally on the Nasdaq under the ticker ORIO, and its Toronto Stock Exchange listing remains unaffected. Orion Digital has an initial 180 calendar days, until December 22, 2026, to regain compliance by achieving a closing bid price of $1.00 or higher for at least 10 consecutive business days. Management intends to monitor the stock price and evaluate strategic options, and if compliance is not met by the deadline, the company may be eligible for an additional 180-day grace period provided it meets other Nasdaq listing criteria.
Orion Digital Corp.Received Nasdaq deficiency notice for bid price below $1.00 for 30 consecutive days, risking delisting if not cured.