Hydrofarm Holdings Group Receives Nasdaq Delisting Notice for Stockholders' Equity Deficiency

Hydrofarm Holdings Group, Inc. received a notification from Nasdaq on April 1, 2026, indicating the company is not in compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market. The company reported a stockholders' deficit of ($63,296,000) as of December 31, 2025, which falls below the required minimum of $2.5 million. Additionally, the company failed to meet alternative compliance standards relating to market value of listed securities or net income from continuing operations. The notification has no immediate impact on the listing of the company's common stock, which will continue to trade under the symbol 'HYFM' on the Nasdaq Capital Market. Hydrofarm has 45 days (until May 16, 2026) to submit a compliance plan to Nasdaq. If accepted, Nasdaq may grant an extension of up to 180 days (until September 28, 2026) to regain compliance. The company states it is evaluating various courses of action and intends to submit a compliance plan within the required timeframe, though there is no assurance Nasdaq will accept the plan or that the company will regain compliance.