The Brand House Collective, Inc. received a letter from Nasdaq on March 26, 2026, indicating non-compliance with the minimum market value of publicly held shares (MVPHS) requirement. The MVPHS for the last 30 consecutive business days did not meet the $15,000,000 minimum for continued listing on the Nasdaq Global Select Market (Rule 5450(b)(3)(C)). This notice has no immediate effect on the company's stock listing or trading. The company has a 180-calendar-day compliance period, expiring September 22, 2026, to regain compliance. Compliance can be regained if the MVPHS closes at $15,000,000 or more for a minimum of ten consecutive business days. If compliance is not regained, the company faces delisting, with rights to appeal or transfer to the Nasdaq Capital Market. The company previously announced a merger agreement on November 24, 2025, with Bed Bath & Beyond, Inc., under which it will become a wholly owned subsidiary. The company anticipates the merger will be consummated before the September 22, 2026, compliance deadline, at which point it will cease to be listed on Nasdaq.