# UPEXI, INC. (UPXI) — delisting/forced [announced]
Source: SEC API (secapi.ai) · situation sit_791355eaa28d12b31ef4 · retrieved 2026-08-11T16:10:43.894Z

## Overview
Upexi, Inc. is a finance services company (formerly Grove, Inc.) incorporated in Delaware and trading on Nasdaq under the ticker symbol UPXI.

On July 30, 2026, Upexi, Inc. received a notification letter from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The company's closing bid price fell below $1.00 per share for 30 consecutive business days from June 16, 2026 through July 29, 2026. The notification does not result in immediate delisting. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the company has an initial compliance period of 180 calendar days, expiring January 26, 2027, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. The company may be eligible for an additional 180-calendar-day compliance period if it satisfies other Nasdaq Capital Market continued-listing requirements and provides written notice of its intention to cure.

## Terms
- Counterparty: Nasdaq Stock Market LLC · Price/share: $1

## Key dates
- Announced 2026-07-31 · Expiry 2027-01-26

## Timeline
- 2026-07-31 · 8-K (0001477932-26-004640): 8-K - UPEXI, INC. — *Upexi, Inc. is a finance services company (formerly Grove, Inc.) incorporated in Delaware and trading on Nasdaq under the ticker symbol UPXI.* On July 30, 2026, Upexi, Inc. received a notification letter from Nasdaq indicating non-compliance with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2). The company's closing bid price fell below $1.00 per share for 30 consecutive business days from June 16, 2026 through July 29, 2026. The notification does not result in immediate delisting. Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the company has an initial compliance period of 180 calendar days, expiring January 26, 2027, to regain compliance by achieving a closing bid price of at least $1.00 per share for a minimum of ten consecutive business days. The company may be eligible for an additional 180-calendar-day compliance period if it satisfies other Nasdaq Capital Market continued-listing requirements and provides written notice of its intention to cure.
  https://www.sec.gov/Archives/edgar/data/1775194/0001477932-26-004640.txt

## Citations
- 0001477932-26-004640 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000147793226004640