BullFrog AI Holdings Inc.

02/23/2026 | Press release | Distributed by Public on 02/23/2026 05:02

Failure to Satisfy Listing Rule (Form 8-K)

Item 3.01 - Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

As previously reported, on August 21, 2025, BullFrog AI Holdings, Inc. (the "Company") received written notice from The Nasdaq Stock Market LLC ("Nasdaq") that the Company was not in compliance with Nasdaq Listing Rule 5550(b)(1), which requires companies listed on The Nasdaq Capital Market to maintain a minimum of $2,500,000 in stockholders' equity for continued listing (the "Stockholders' Equity Requirement"). The Company submitted a plan to regain compliance with the Stockholders' Equity Requirement (the "Plan") to Nasdaq on September 30, 2025. In response to the Company's Plan, on October 7, 2025, the Company received a letter (the "Extension Letter") from Nasdaq informing the Company that, based on the Plan, Nasdaq had granted the Company's request for an extension until February 17, 2026, to comply with the Stockholders' Equity Requirement.

On February 19, 2026, the Company received a further notice from Nasdaq (the "February Letter") notifying the Company that Nasdaq determined that the Company had not met the terms of the extension. Accordingly, the Company's securities are subject to delisting unless the Company timely requests a hearing before an independent Nasdaq Hearings Panel (the "Panel").

The Company intends to timely submit a request for a hearing before the Panel. The hearing request will automatically stay any suspension or delisting action pending the hearing and the expiration of any extension period granted by the Panel following the hearing. At the hearing, the Company plans to present additional details of the Company's Plan and provide an update on its efforts to regain compliance. The Company will also request additional time to complete the steps of its Plan and regain compliance with all applicable Nasdaq Listing Rules.

There can be no assurance that the Panel will grant the Company's request for additional time to regain compliance with Nasdaq listing rules or that, if the Panel does grant the Company's request, the Company will be able to regain compliance with the applicable Nasdaq listing requirements. If the Company's common stock and warrants are delisted, it would be more difficult to buy or sell the Company's common stock and warrants or to obtain accurate quotations, and the price of the Company's common stock and warrants could suffer a material decline. Delisting could also impair the Company's ability to raise capital.

Cautionary Note regarding Forward-Looking Statements

This Current Report on Form 8-K contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are intended to qualify for the safe harbor from liability established thereunder. Such forward-looking statements are subject to risks and uncertainties that are often difficult to predict, are beyond the Company's control, and that may cause results to differ materially from expectations. Examples of forward-looking statements include, among others, statements regarding the outcome of any hearing before the Nasdaq Panel and the Company's ability to regain compliance with Nasdaq listing rules. The forward-looking statements made in this report speak only as of the date of this report, and the Company assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.

BullFrog AI Holdings Inc. published this content on February 23, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on February 23, 2026 at 11:02 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]