_Incident · Regulatory action_

# Rigetti faces Nasdaq delisting notice for stock price below $1 threshold

Canonical ID: `523dfb35-2d0a-4880-8adc-43562a94a9bb`

- **Occurred:** 2024-09-16
- **Kind:** `regulatory_action`
- **Status (derived):** active
- **Company:** [Rigetti Computing](/companies/rigetti-computing.md) (id: `226785df-b219-4142-8794-07a91825d6f0`)

[Rigetti Computing](/companies/rigetti-computing.md) received a Nasdaq delisting notice on September 16, 2024, after its common stock fell below the required $1 minimum bid price. This was the company's second delisting threat, the first occurring in late 2022/early 2023. Nasdaq provided a 180-day cure period until March 17, 2025 to regain compliance.

## Sources (3)

1. **SEC Form 8-K** · https://investors.rigetti.com/static-files/8fc362a4-5b01-4b46-962d-37f641922a38 · 2024-09-17
2. https://www.sec.gov/Archives/edgar/data/1838359/000110465924100682/tm2424186d1_8k.htm · 2024-09-17
3. https://thequantuminsider.com/2024/11/06/rigetti-regains-compliance-with-nasdaq-listing-standards/ · 2024-11-06

## Common questions

### What happened in Rigetti faces Nasdaq delisting notice for stock price below $1 threshold?

Rigetti Computing received a Nasdaq delisting notice on September 16, 2024, after its common stock fell below the required $1 minimum bid price. This was the company's second delisting threat, the first occurring in late 2022/early 2023. Nasdaq provided a 180-day cure period until March 17, 2025 to regain compliance.

### When did this incident occur?

The incident is recorded as occurring on September 16, 2024 on the DEPLOY registry. The date reflects the underlying real-world event, not the registry record's creation date.

### Who was involved in Rigetti faces Nasdaq delisting notice for stock price below $1 threshold?

The incident is recorded as involving Rigetti Computing on the DEPLOY registry. No specific robot model is linked to this incident in the registry.

### Has anyone responded to Rigetti faces Nasdaq delisting notice for stock price below $1 threshold?

No responses to this incident are recorded on the DEPLOY registry. Operators, manufacturers, or affected parties can submit responses to the editorial team; absence is not a guarantee no response was issued.

### What is the current status of Rigetti faces Nasdaq delisting notice for stock price below $1 threshold?

This incident is an active record on the DEPLOY registry; no retraction or correction has been issued.


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