Functional Brands Inc. Receives Nasdaq Staff Delisting Determination

Functional Brands Inc. received a notification from Nasdaq on June 9, 2026, stating its intention to delist the company's common stock from The Nasdaq Capital Market. This decision was based on the company's non-compliance with the minimum bid price requirement, as its stock had a closing bid price of $0.10 or less for ten consecutive trading days as of June 8, 2026. Trading suspension is set for June 16, 2026, with a Form 25-NSE to be filed for removal from Nasdaq. The company has the option to appeal this determination by requesting a hearing before the Nasdaq Hearings Panel by June 16, 2026, though a successful appeal or regaining compliance is not assured. The company issued a press release on June 15, 2026, to announce this development.