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Delisting watch

Nasdaq stocks whose market value sits under $5 million, with a count of how many days they have been there and how close they are to the 30-day limit.

Nasdaq has a rule that a company whose listed market value stays under $5 million for 30 business days can receive a delisting determination. This page tracks every Nasdaq stock in that situation and counts the days. It is information, not advice to buy or sell.

The delisting watch tableThe delisting watch table
The delisting watch table

How to read the board

  1. Click Delisting Watch in the left menu, under Screeners.
  2. The strip above the table counts stocks on clock, approaching, with a ⚑ 12mo reverse split and the total.
  3. Read the columns: SYMBOL, STATUS, MVLS (market value of listed securities), DAYS BELOW, DAYS TO TRIGGER, ⚑ 12MO, SI %FLOAT and SQZ (the squeeze score).
  4. The default order is fewest days to trigger first. Click a heading to re-sort.

What the statuses mean

  • On clock: 1 to 24 business days below $5 million. The count resets the day it closes back above.
  • Approaching: 25 or more days below.
  • Past trigger: more than 30 days below. See the note about the SEC stay below.
  • OTC: already trades over the counter.
  • Pressure: market value between $5 million and $10 million.

How to filter the list

  1. Open the Status menu above the table.
  2. Choose All, Past trigger (stayed) / OTC, On clock (1-24d), Approaching (>=25d) or Pressure zone $5-10M.

What the flag means

A ⚑ marks a company that has done a reverse split in the last 12 months. Under a second Nasdaq rule, stocks below $5 million are exempt from the limit on repeated reverse splits, so companies can keep splitting to climb back above the floor.

The SEC stay

The SEC approved the $5 million rule on 2026-07-22 and then stayed the approval pending review. While the stay is in place, no determinations can be issued. Names past 30 days show as PAST TRIGGER. Treat the clocks as a stress gauge, not an active process.

How to use it with the squeeze board

  1. Look at SI %FLOAT and SQZ on this page. A high short interest on a stock near delisting is a risk signal.
  2. On the short squeeze board, turn on INCL. RISKY to bring in the low-data names that sit near delisting.

Good to know

  • The list is rebuilt once a day. The page shows when it last ran, and flags STALE if it is two days or more old.
  • The list covers Nasdaq common stocks, not ETFs. Market value comes from price times listed shares.

If something doesn't work

  • The board is empty: the nightly run may not have finished. Check the refresh time under the filter.
  • A stock is missing: it must be on Nasdaq and under the $5 million or $10 million lines.