Barcelona, Spain, November 13th / PRNewswire / -- Freightos Limited (Nasdaq ticker: CRGO) ("Freightos" or "the Company") announced today that on November 10, 2026, it received a written notice from the Listing Qualifications Department of Nasdaq Stock Market LLC ("Notice") informing the Company that it did not meet the minimum bid price requirements for continued listing on the Nasdaq Capital Market, namely Nasdaq Listing Rule 5550(a)(2).

Nasdaq Listing Rule 5550(a)(2) requires that the minimum purchase price per share of a listed security must be maintained at $1.00; Nasdaq Listing Rule 5810(c)(3)(A) stipulates that if this deficiency persists for 30 consecutive trading days, it is considered non-compliant. The notification letter indicates that the closing purchase price of the company's common stock was below $1.00 per share for 30 consecutive trading days from September 29, 2026, to November 9, 2026.

Compliance Period

In accordance with NASDAQ Listing Rule 5810(c)(3)(A), the company is granted an initial compliance period of 180 calendar days from the date of the notice, or until May 10, 2027, to regain compliance with the minimum purchase price requirement. If at any time during this compliance period, the closing purchase price of the company's common stock reaches $1.00 per share for at least 10 consecutive trading days, the company will be considered compliant again, unless NASDAQ exercises its discretion under Listing Rule 5810(c)(3)(H) to extend the period. If the company regains compliance, NASDAQ will issue a written confirmation to the company, and the related matter will be closed.

If the company fails to comply by May 10, 2027, it may be eligible for an additional 180 calendar days of compliance period.

No immediate impact on listing.

The notification letter has no immediate impact on the listing of the company's common shares. During the compliance period, the company's common shares will continue to be listed and traded on the NASDAQ capital market under the trading code “CRGO”. The notification letter does not affect the company's business operations.

The company stated that it plans to monitor the closing purchase price of its common shares and is evaluating feasible options to restore compliance within the applicable compliance period. If necessary, this may include implementing a reverse stock split, but such action would require the required approval from shareholders. The company cannot guarantee that it will be able to restore compliance with the minimum purchase price requirement, nor can it ensure compliance with other Nasdaq continuous listing requirements.

Forward-looking Statements

This press release contains “forward-looking statements” as defined by the “Safe Harbor” provisions of the 1995 U.S. Private Securities Litigation Reform Act.

Forward-looking statements can be identified by words such as “estimates,” “plans,” “expects,” “predicts,” “intends,” “will,” “anticipates,” “believes,” “seeks,” “aims,” or other similar expressions that predict or imply future events or trends, and are not statements of historical facts. These statements include those regarding the notice letter, the applicable compliance period, the continued listing and trading of Freightos common shares on the NASDAQ capital market, the ability and plans to resume compliance with NASDAQ’s minimum bid price requirements, whether it will be eligible for an additional compliance period, and the potential scenarios considered (including a potential reverse stock split). They are based on various assumptions, whether explicitly stated in this press release or not, as well as the current expectations of Freightos, and are not predictions of actual performance. These forward-looking statements are not and should not be regarded by any investor as guarantees, warranties, predictions, or clear statements of facts or probabilities. Actual events and circumstances are difficult or impossible to predict and may differ from these assumptions. Many actual events and circumstances are beyond the control of Freightos.

These forward-looking statements are subject to a number of risks and uncertainties, including: the ability of Freightos to recover and maintain compliance with NASDAQ's minimum bidding requirements and other ongoing listing requirements; whether Freightos will be eligible for an additional compliance period and NASDAQ's decision regarding this; the market price and trading volume of common stock; the impact of a reverse stock split on the market price, liquidity, and tradability of common stock; the potential delisting of common stock from NASDAQ and any impact of such delisting on the liquidity and market price of common stock, as well as on Freightos financing capabilities; disruptions in the international freight industry, including those resulting from global economic trends and policy changes, such as higher tariffs and protectionist trade policies implemented by the United States and other countries, and their impact on shipping volumes and, consequently, on the number of transactions and GBV and platform revenue; ongoing and new military conflicts in the Middle East and their impact on international shipping routes, including major air transportation corridors as well as the Red Sea and the Strait of Hormuz; competition; the ability to establish and maintain relationships with carriers, freight forwarders, and importers and exporters; the ability to keep up with rapid technological changes, particularly in the area of artificial intelligence; changes in applicable laws or regulations; any decline or volatility in economic conditions, whether related to reduced international trade, inflation, armed conflicts, or other factors; changes in the competitive environment that affect Freightos or its users, including the ability to launch new products or technologies; the risk of protecting its intellectual property and avoiding infringement by others, or dealing with claims of infringement against Freightos; disruptions and instability caused by changes in the CEO, board of directors, and other leadership; and the submission to the U.S. Securities and Exchange Commission on March 26, 2026.Other factors discussed under "Item 3.D. Risk Factors" in the annual 20-F form annual report for the year ending December 31, 2025, as well as any other risk factors contained in subsequent 6-K form reports submitted to the U.S. Securities and Exchange Commission by Freightos as a foreign private issuer.

If any of the above risks occur, or if the assumptions underlying Freightos prove to be incorrect, the actual results may differ significantly from those implied in these forward-looking statements. Other risks that Freightos is not currently aware of, or that it deems unimportant at this time, may also lead to actual results that differ from those stated in the forward-looking statements. The forward-looking statements reflect Freightos's expectations, plans, predictions, and opinions regarding future events as of the date of this press release. Freightos anticipates that subsequent events and developments will cause its judgments to change. However, although Freightos may choose to update these forward-looking statements at some point in the future, Freightos explicitly states that it has no obligation to do so, except as required by law. These forward-looking statements should not be regarded as representing Freightos's judgment at any point after the date of this press release. Therefore, excessive reliance should not be placed on these forward-looking statements.

About Freightos

Freightos ® is a leading digital infrastructure platform that supports the international freight industry. As a network that remains neutral among suppliers, Freightos connects airlines, maritime carriers, truck transport providers, freight agents, as well as importers and exporters of various scales, in order to enhance the transparency, efficiency, and resilience of the global supply chain.

Freightos The platform transforms manual, fragmented processes into seamless, interconnected, and data-driven digital workflows, achieving digitization of freight execution. Freightos It provides integration capabilities, including procurement, pricing, quoting, booking, customs clearance, payment, as well as market intelligence covering air freight, sea freight, and road freight. As an intelligent intermediary layer that unifies data and workflows, Freightos helps market participants make more informed operational decisions and conduct transactions, collaborate, and manage global freight more efficiently.

Freightos is used by thousands of logistics service providers and enterprises around the world, integrating software, network connections, transaction infrastructure, and market data into a interconnected digital ecosystem.

Contact Information

Media: Tamar Hartal [ email protected ]

Investors: Anat Earon - Heilborn [ email protected ]