Meridian Holdings Regains Nasdaq Compliance After Reverse Split

Meridian Holdings ( (MRDN) ) just unveiled an announcement.

On December 31, 2025, Meridian Holdings Inc. disclosed it had received notice from Nasdaq that its shares had traded below the $1.00 minimum bid price requirement for 34 consecutive business days between November 11 and December 30, 2025, putting the company out of compliance and triggering a grace period until June 30, 2026 to remedy the deficiency. The company implemented a 1‑for‑12 reverse stock split effective March 3, 2026, and on March 17, 2026, Nasdaq confirmed Meridian had regained full compliance after its shares closed at or above $1.00 for 10 consecutive business days, resolving the listing issue and stabilizing its position on the exchange.

The most recent analyst rating on (MRDN) stock is a Hold with a $0.61 price target. To see the full list of analyst forecasts on Meridian Holdings stock, see the MRDN Stock Forecast page.

Spark’s Take on MRDN Stock

According to Spark, TipRanks’ AI Analyst, MRDN is a Neutral.

The score is held up by solid financial fundamentals (notably strong recent cash flow, improving leverage, and scaling revenue), but is pulled down by weak technicals (price below all key moving averages with bearish momentum) and elevated corporate-event risk from the Nasdaq minimum bid price notice. Valuation is also constrained by ongoing losses (negative P/E) and no provided dividend support.

To see Spark’s full report on MRDN stock, click here.

More about Meridian Holdings

Meridian Holdings Inc. is a publicly traded company listed on the Nasdaq Capital Market, where its common stock is subject to Nasdaq’s minimum bid price and other continued listing requirements that are important for maintaining access to public equity markets and investor visibility.

Average Trading Volume: 22,761

Technical Sentiment Signal: Sell

Current Market Cap: $113.5M

For a thorough assessment of MRDN stock, go to TipRanks’ Stock Analysis page.