Brag House regains compliance with Nasdaq minimum bid price requirement

Published 07/08/2025, 13:38
Brag House regains compliance with Nasdaq minimum bid price requirement

NEW YORK - Brag House Holdings, Inc. (NASDAQ:TBH), a Gen Z engagement platform focused on gaming and college sports, announced Thursday it has regained compliance with Nasdaq’s minimum bid price requirement. According to InvestingPro data, the stock has shown strong returns over the past three months, though it remains down about 75% over the past year.

The company received formal written confirmation from Nasdaq that it had maintained a closing bid price of at least $1.00 for 10 consecutive business days from July 23 to August 5, 2025, meeting the exchange’s compliance standards.

Nasdaq has determined the matter is now closed, according to the statement.

Brag House describes itself as a media technology gaming platform that transforms casual college gaming into a community-driven experience. The company aims to connect brands with the Gen Z demographic through its platform that includes live-streaming capabilities and tournament services.

The announcement comes after a period during which the company had fallen below Nasdaq’s minimum bid price requirement, which mandates listed companies maintain a share price of at least $1.00 to remain on the exchange.

This information is based on a company press release statement.

In other recent news, Brag House Holdings, Inc. announced the completion of a private investment in public equity (PIPE) financing, securing approximately $15 million in gross proceeds. The financing involved the sale of 15,000 shares of Series B Convertible Preferred Stock, convertible into 15,923,567 shares of common stock, with a conversion price of $0.942 per share. Additionally, the deal included warrants to purchase up to 15,923,567 shares of common stock. In another development, the company revealed plans to launch a digital asset platform for NCAA athletes, focusing on Name, Image, and Likeness (NIL) initiatives. This platform will enable student-athletes to create and sell personalized digital assets, with Brag House earning revenue through transaction fees and royalties. Furthermore, Brag House granted stock options to several executives and directors, with notable allocations under the company’s 2024 Omnibus Incentive Plan. These recent developments highlight Brag House’s strategic initiatives and financial maneuvers aimed at expanding its market presence and operational capabilities.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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