Meridian Holdings Inc. has successfully regained compliance with the Nasdaq Capital Market's minimum bid price requirement after implementing a 1-for-12 reverse stock split. The company received a notification from Nasdaq on March 17, 2026, confirming that its common stock's closing bid price had been at or above $1.00 per share for ten consecutive business days, thus closing the matter that had previously put its listing at risk. This compliance was necessary as the company had been notified on December 31, 2025, that it was not meeting the minimum bid price requirement due to a prolonged period of low stock prices. The reverse stock split was executed on March 3, 2026, as a strategic move to enhance the stock price and ensure continued listing on the Nasdaq. The company is now positioned to focus on its operational strategies and growth initiatives without the overhang of compliance issues.

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