Orion Digital gets Nasdaq price warning, shares stay below the 1 dollar mark
27.06.2026 - 09:16:00 | ad-hoc-news.de
By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-27, 09:15.
Orion Digital Corp. (FI0009014377) disclosed that it has received a minimum bid price deficiency notice from Nasdaq after an extended period of weak trading for its U.S.-listed shares. The dual-listed company trades on Nasdaq in New York and on the Toronto Stock Exchange, giving the case clear North American market relevance.
What Nasdaq has notified
According to the company's statement, Nasdaq's Listing Qualifications Department sent the notification letter on June 25, 2026, after Orion Digital shares had closed below 1.00 US dollar for 30 consecutive business days under Listing Rule 5550(a)(2). The notice formalizes that the stock no longer meets the minimum bid price requirement for continued listing on the Nasdaq Capital Market.
Nasdaq has granted Orion Digital an initial 180-calendar-day grace period, running until December 22, 2026, to restore compliance. The exchange will deem the requirement met again if the company's shares close at or above 1.00 US dollar for at least 10 consecutive business days at any point before that deadline.
What this means for the listing
The notification does not immediately affect trading, and Orion Digital shares continue to trade on Nasdaq under the ticker "ORIO," while the company's Toronto Stock Exchange listing is unchanged. The stock recently traded around 0.87 US dollar on Nasdaq, around 13 percent below the 1.00-dollar threshold and about 30 percent lower than a year ago, according to an Investing.com market report.
Under Nasdaq Listing Rule 5810(c)(3)(A), Orion Digital could receive an additional 180-day compliance period if it still does not meet the minimum bid price by December 22, 2026 but satisfies all other continued listing criteria. In that case, regulators would assess the company's eligibility for an extension based on the remaining quantitative standards.
Further news and data on the Orion Digital shares
Historical quotes, earlier disclosures and additional analysis on Orion Digital can be found in the dedicated topic section and on the company's investor relations pages.
How Orion Digital makes its money
Orion Digital positions itself as a technology company focused on digital infrastructure, operating a portfolio that includes data-driven services and cloud-based solutions to support corporate clients' online and transactional activities. The company generates revenue through recurring service contracts and associated platform fees in North America.
Where the stock trades now
The Orion Digital shares (FI0009014377) most recently traded on Nasdaq at 0.87 US dollar as of 2026-06-26, 21:59, according to exchange data.
Key data on the Orion Digital shares
- Company: Orion Digital Corp.
- ISIN: FI0009014377
- WKN: not available
- Ticker: ORIO
- Trading venue: Nasdaq / TSX
- Price (as of 2026-06-26, 21:59): 0.87 USD
- Market cap: not specified (as of latest filing)
- Sector / industry: Information Technology / Software & Services
- Index membership: no major benchmark index reported
- Next earnings date: not officially scheduled
This article is for informational purposes only and does not constitute investment advice, a recommendation to buy or sell any security, or any other form of financial guidance. Historical performance is not a reliable indicator of future results.
