Orion Digital Receives Nasdaq Notification on Bid Price Deficiency
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 hour ago
0mins
Source: seekingalpha
- Nasdaq Warning Notification: Orion Digital received a written notification from the Nasdaq Listing Qualifications Department on June 25, 2026, indicating a bid price deficiency as its common shares closed below the $1.00 minimum for 30 consecutive business days, although this notice has no immediate impact on the listing or trading of its stock.
- Compliance Deadline Set: Under Nasdaq guidelines, Orion Digital has an initial period of 180 calendar days until December 22, 2026, to rectify the deficiency, with compliance achievable if the stock price reaches $1.00 or higher for at least 10 consecutive business days during this window.
- Management Monitoring Measures: The company's management intends to closely monitor the stock price and evaluate all available strategic options to resolve the issue within the allotted timeframe, ensuring continued compliance with Nasdaq listing requirements.
- Operations Unaffected: Orion Digital emphasized that its day-to-day business operations remain completely unaffected by the notice, and the company is fully committed to restoring compliance with Nasdaq guidelines while maintaining its status on the Toronto Stock Exchange.
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Analyst Views on ORIO
Wall Street analysts forecast ORIO stock price to rise
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 0.861
Low
4.00
Averages
4.00
High
4.00
Current: 0.861
Low
4.00
Averages
4.00
High
4.00
No data
About ORIO
Orion Digital Corp., formerly Mogo Inc., is a digital finance company operating across wealth, payments, and digital assets. Through its wholly owned subsidiaries, including Carta Worldwide, and its Intelligent Investing platform, the Company powers the infrastructure that moves money across businesses and platforms and helps individuals master the art of building wealth through discipline and behavioral edge. It operates across three integrated engines: Intelligent Investing, Carta Worldwide, and Bitcoin Treasury. Intelligent Investing is a behavioral-edge wealth platform. Carta Worldwide is a global payments infrastructure powering billions in annual processing. Bitcoin Treasury is a long-duration digital asset reserve with early-mover credibility.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Orion Digital Receives Nasdaq Notification on Bid Price Deficiency
- Nasdaq Warning Notification: Orion Digital received a written notification from the Nasdaq Listing Qualifications Department on June 25, 2026, indicating a bid price deficiency as its common shares closed below the $1.00 minimum for 30 consecutive business days, although this notice has no immediate impact on the listing or trading of its stock.
- Compliance Deadline Set: Under Nasdaq guidelines, Orion Digital has an initial period of 180 calendar days until December 22, 2026, to rectify the deficiency, with compliance achievable if the stock price reaches $1.00 or higher for at least 10 consecutive business days during this window.
- Management Monitoring Measures: The company's management intends to closely monitor the stock price and evaluate all available strategic options to resolve the issue within the allotted timeframe, ensuring continued compliance with Nasdaq listing requirements.
- Operations Unaffected: Orion Digital emphasized that its day-to-day business operations remain completely unaffected by the notice, and the company is fully committed to restoring compliance with Nasdaq guidelines while maintaining its status on the Toronto Stock Exchange.
See More
Orion Digital Receives Nasdaq Notification Letter for Non-Compliance
- Nasdaq Notification: On June 25, 2026, Orion Digital received a notification from Nasdaq indicating that its common shares had closed below the $1.00 minimum bid price for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).
- Compliance Period: The company has been granted an initial compliance period of 180 calendar days until December 22, 2026, during which it must achieve a bid price of $1.00 or more for at least ten consecutive business days to regain compliance.
- Business Impact: Despite the notification, Orion Digital's business operations remain unaffected, and the company intends to monitor its share price and evaluate options to regain compliance to ensure continued listing on Nasdaq.
- Future Outlook: Should the company fail to regain compliance within the initial period, it may be eligible for an additional 180-day compliance period, reflecting the company's commitment to restoring its stock price and maintaining market presence.
See More
Orion Digital Shareholders Approve All Resolutions at AGM
- AGM Overview: Orion Digital Corp. held its annual general meeting on May 22, 2026, via live audiocast, with all resolutions approved, demonstrating shareholder support and trust in corporate governance.
- Voting Results: A total of 7,698,984 votes were cast at the meeting, representing 32.22% of the company's outstanding shares as of May 11, 2026, indicating strong shareholder engagement and interest in the company's future.
- Director Elections: All nominated directors received high levels of support, with David Feller and Gregory Feller securing 97.56% and 97.57% of votes respectively, reflecting shareholders' strong endorsement of the current board.
- Auditor Appointment: MNP LLP was re-appointed as the company's auditor with 98.75% approval, ensuring continuity and compliance in financial auditing, which further enhances investor confidence.
See More
Orion Digital Reports Q1 Revenue of $16.85M with Strong Payment Volume Growth
- Revenue Performance: Orion Digital reported Q1 revenue of $16.85 million, indicating stable growth in the market, reflecting the effectiveness of its business model and sustained strong market demand.
- Payment Volume Growth: The company's European payment volume reached $2.7 billion, a 12% year-over-year increase, which not only enhances its market share but also signifies its growing competitiveness in the digital payments sector.
- Cash and Investment Position: As of the reporting date, Orion Digital held $35.4 million in cash, marketable securities, and investments, providing ample financial support for future expansion and innovation, thereby strengthening its financial stability.
- Compliance Reporting: Orion Digital adheres to International Financial Reporting Standards (IFRS) for its financial reporting, ensuring transparency and compliance, which is crucial for attracting investors and enhancing market trust.
See More
Orion Digital to Discuss Q1 2026 Financial Results in Conference Call
- Earnings Call Announcement: Orion Digital will hold a conference call on May 7, 2026, at 11:00 a.m. ET to discuss its Q1 2026 financial results, with the financial report expected to be released prior to market open, thereby providing investors with timely insights into the company's performance.
- Executive Hosts: The call will be hosted by Founder & CEO David Feller and President & CFO Greg Feller, ensuring that investors receive direct insights and interpretations of the financial results from top management, which enhances transparency and trust.
- Replay Information: After the call, investors can access a replay by dialing (289) 819-1325 or (888) 660-6264, available until May 14, 2026, providing a convenient way for those unable to attend live to obtain key information.
- Company Overview: Orion Digital Corp. operates digital wealth and payments infrastructure platforms focused on generating recurring subscription and service revenue, with its Intelligent Investing platform offering digital wealth management solutions in Canada, showcasing the company's ongoing innovation in the fintech sector.
See More
Orion Digital to Host Q1 2026 Financial Results Conference Call
- Earnings Call Announcement: Orion Digital will hold a conference call on May 7, 2026, at 11:00 a.m. ET to discuss its Q1 2026 financial results, with the aim of providing transparent information to investors prior to market open.
- Hosts of the Call: The call will be hosted by David Feller, Mogo's Founder & CEO, and Greg Feller, President & CFO, highlighting the company's commitment to financial transparency and investor communication.
- Dial-In Information: Participants can join the call by dialing (289) 514-5100 or (800) 717-1738, with Conference ID 63182, ensuring easy access for investors to the latest company updates.
- Replay Availability: After the call, investors can access a replay at (289) 819-1325 or (888) 660-6264 until May 14, 2026, further enhancing the accessibility of information for stakeholders.
See More
Orion Digital Receives Nasdaq Notification on Bid Price Deficiency
- Nasdaq Warning Notification: Orion Digital received a written notification from the Nasdaq Listing Qualifications Department on June 25, 2026, indicating a bid price deficiency as its common shares closed below the $1.00 minimum for 30 consecutive business days, although this notice has no immediate impact on the listing or trading of its stock.
- Compliance Deadline Set: Under Nasdaq guidelines, Orion Digital has an initial period of 180 calendar days until December 22, 2026, to rectify the deficiency, with compliance achievable if the stock price reaches $1.00 or higher for at least 10 consecutive business days during this window.
- Management Monitoring Measures: The company's management intends to closely monitor the stock price and evaluate all available strategic options to resolve the issue within the allotted timeframe, ensuring continued compliance with Nasdaq listing requirements.
- Operations Unaffected: Orion Digital emphasized that its day-to-day business operations remain completely unaffected by the notice, and the company is fully committed to restoring compliance with Nasdaq guidelines while maintaining its status on the Toronto Stock Exchange.
See More
Orion Digital Receives Nasdaq Notification Letter for Non-Compliance
- Nasdaq Notification: On June 25, 2026, Orion Digital received a notification from Nasdaq indicating that its common shares had closed below the $1.00 minimum bid price for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2).
- Compliance Period: The company has been granted an initial compliance period of 180 calendar days until December 22, 2026, during which it must achieve a bid price of $1.00 or more for at least ten consecutive business days to regain compliance.
- Business Impact: Despite the notification, Orion Digital's business operations remain unaffected, and the company intends to monitor its share price and evaluate options to regain compliance to ensure continued listing on Nasdaq.
- Future Outlook: Should the company fail to regain compliance within the initial period, it may be eligible for an additional 180-day compliance period, reflecting the company's commitment to restoring its stock price and maintaining market presence.
See More
Orion Digital Shareholders Approve All Resolutions at AGM
- AGM Overview: Orion Digital Corp. held its annual general meeting on May 22, 2026, via live audiocast, with all resolutions approved, demonstrating shareholder support and trust in corporate governance.
- Voting Results: A total of 7,698,984 votes were cast at the meeting, representing 32.22% of the company's outstanding shares as of May 11, 2026, indicating strong shareholder engagement and interest in the company's future.
- Director Elections: All nominated directors received high levels of support, with David Feller and Gregory Feller securing 97.56% and 97.57% of votes respectively, reflecting shareholders' strong endorsement of the current board.
- Auditor Appointment: MNP LLP was re-appointed as the company's auditor with 98.75% approval, ensuring continuity and compliance in financial auditing, which further enhances investor confidence.
See More
Orion Digital Reports Q1 Revenue of $16.85M with Strong Payment Volume Growth
- Revenue Performance: Orion Digital reported Q1 revenue of $16.85 million, indicating stable growth in the market, reflecting the effectiveness of its business model and sustained strong market demand.
- Payment Volume Growth: The company's European payment volume reached $2.7 billion, a 12% year-over-year increase, which not only enhances its market share but also signifies its growing competitiveness in the digital payments sector.
- Cash and Investment Position: As of the reporting date, Orion Digital held $35.4 million in cash, marketable securities, and investments, providing ample financial support for future expansion and innovation, thereby strengthening its financial stability.
- Compliance Reporting: Orion Digital adheres to International Financial Reporting Standards (IFRS) for its financial reporting, ensuring transparency and compliance, which is crucial for attracting investors and enhancing market trust.
See More
Orion Digital to Discuss Q1 2026 Financial Results in Conference Call
- Earnings Call Announcement: Orion Digital will hold a conference call on May 7, 2026, at 11:00 a.m. ET to discuss its Q1 2026 financial results, with the financial report expected to be released prior to market open, thereby providing investors with timely insights into the company's performance.
- Executive Hosts: The call will be hosted by Founder & CEO David Feller and President & CFO Greg Feller, ensuring that investors receive direct insights and interpretations of the financial results from top management, which enhances transparency and trust.
- Replay Information: After the call, investors can access a replay by dialing (289) 819-1325 or (888) 660-6264, available until May 14, 2026, providing a convenient way for those unable to attend live to obtain key information.
- Company Overview: Orion Digital Corp. operates digital wealth and payments infrastructure platforms focused on generating recurring subscription and service revenue, with its Intelligent Investing platform offering digital wealth management solutions in Canada, showcasing the company's ongoing innovation in the fintech sector.
See More
Orion Digital to Host Q1 2026 Financial Results Conference Call
- Earnings Call Announcement: Orion Digital will hold a conference call on May 7, 2026, at 11:00 a.m. ET to discuss its Q1 2026 financial results, with the aim of providing transparent information to investors prior to market open.
- Hosts of the Call: The call will be hosted by David Feller, Mogo's Founder & CEO, and Greg Feller, President & CFO, highlighting the company's commitment to financial transparency and investor communication.
- Dial-In Information: Participants can join the call by dialing (289) 514-5100 or (800) 717-1738, with Conference ID 63182, ensuring easy access for investors to the latest company updates.
- Replay Availability: After the call, investors can access a replay at (289) 819-1325 or (888) 660-6264 until May 14, 2026, further enhancing the accessibility of information for stakeholders.
See More
