What specific actions did HTCO take to meet the $1 minimum bid price and are there any ongoing risks of falling back below the threshold?

Actions taken to hit the $1 floor

HTCO closed the compliance gap by executing a 1‑for‑10 reverse stock split that was announced in late July and took effect on August 12, 2025. The consolidation lifted the quoted price from roughly $0.12 to just above $1.20 on the Nasdaq, putting the company back into the $1‑$5 minimum‑bid‑price band. In parallel, HTCO completed a private placement of $45 million of newly‑issued common shares at a price of $1.25 per share, which added liquidity and helped sustain the post‑split price level.

Ongoing downside risk

While the reverse split removed the immediate listing‑compliance issue, the price is still vulnerable to a few headwinds. First, the split dramatically reduced the share count, so any modest sell‑off can translate into a larger percentage price move. Second, the company’s fundamentals—still early‑stage ocean‑technology revenue and a modest cash runway—mean that earnings shortfalls or a slowdown in the capital‑raising market could push the bid back toward the $1 threshold. Finally, the Nasdaq’s compliance review is now quarterly; a sustained dip below $1 for 30 consecutive trading days would trigger another delisting warning. Traders should therefore monitor HTCO’s volume‑weighted average price (VWAP) on a daily basis and keep a tight stop‑loss just above $1.00, while looking for upside catalysts (e.g., new commercial contracts or further equity injections) that could sustain the price above the compliance floor.