Dyadic International (DYAI) Proxy filing summary

Executive summary

• Received notification from Nasdaq regarding potential delisting due to failure to meet minimum bid price and continued listing standards as of June 18, 2026.

• Company failed to regain compliance with the $1.00 minimum bid price and did not meet the $5 million shareholders' equity requirement by June 17, 2026.

• Additional deficiencies include not meeting $2.5 million in shareholders' equity, $35 million market value, or $500,000 net income from continuing operations.

• Plans to request a hearing before an independent Nasdaq panel, which will temporarily stay any suspension or delisting action.

• Maximum extension for compliance runs through December 15, 2026, but there is no assurance of regaining compliance or avoiding delisting.

Risk oversight and compliance

• Forward-looking statements highlight risks such as net losses, regulatory acceptance, commercialization challenges, competition, and capital needs.

• Risks also include reliance on third parties, government regulations, intellectual property, and ability to comply with Nasdaq standards.

• Reference to detailed risk factors in annual and quarterly SEC filings.

Shareholder rights and capital structure

• Failure to comply with Nasdaq listing standards may adversely affect liquidity, market price, and ability to raise capital.

• Delisting could impact the company's ability to operate as a going concern.