- Village Farms International (VFF, Financial) has received a 180-day extension to meet Nasdaq's minimum bid price requirement.
- VFF has until October 13, 2025, to ensure its stock price closes at or above US$1.00 for ten consecutive business days.
- If compliance is not regained, VFF may face delisting from the Nasdaq Capital Market, but can request a delisting review.
Village Farms International (VFF) announced that Nasdaq has approved its request for a 180-day extension to comply with the minimum bid price requirement of US$1.00 per share. This extension follows the expiration of an initial 180-day period and grants the company until October 13, 2025, to achieve compliance.
During this extension period, VFF shares will continue to be traded on the Nasdaq Capital Market. To regain compliance, the company's stock price must close at or above US$1.00 for at least 10 consecutive business days before the deadline. Failure to meet these requirements could result in the delisting of VFF from the Nasdaq Capital Market, although the company may request a review of the delisting determination by a Nasdaq Hearings Panel.
Village Farms leverages its experience in Controlled Environment Agriculture to supply high-value plant-based consumer goods and capitalizes on opportunities in the cannabis and CBD sectors in North America and international markets. In addition, the company is expanding its presence in the clean energy sector through partnerships reducing greenhouse gas emissions.
