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Snail Received Notice of Noncompliance
Snail (SNAL) has received a Nasdaq deficiency letter on March 26, 2026, due to noncompliance with the net income requirement and failure to meet alternative standards for market value or stockholders’ equity. The company has 45 days, until May 11, 2026, to submit a compliance plan and might receive a 180-day extension if it’s accepted. Snail’s Class A common stock will continue to trade on The Nasdaq Capital Market without immediate effect.