Business context and reporting period
The Hain Celestial Group, Inc. filed this Form 8-K on September 28, 2026, reporting events dated September 22 and September 25, 2026. The filing concerns Nasdaq listing compliance and a planned accounting leadership change; it does not report operating or financial results.
Financial and operating metrics
The filing provides no revenue, profit, cash flow, margin, debt, liquidity, or other financial performance figures.
Material changes and key developments
- Nasdaq listing: After its share price closed below the $1.00 minimum bid price for 30 consecutive business days, the Company received an initial 180-day compliance period ending September 21, 2026. Nasdaq approved the Company’s transfer from the Nasdaq Global Select Market to the Nasdaq Capital Market; the transfer took effect at the opening of business on September 24. The shares continue to trade as HAIN.
- Additional compliance period: Nasdaq granted an additional 180 calendar days, through March 22, 2027, to regain compliance. Compliance requires a closing bid price of at least $1.00 for a minimum of 10 consecutive business days.
- Accounting leadership: Michael J. Ragusa, Senior Vice President and Chief Accounting Officer, informed the Company on September 25 that he intends to resign effective November 1, 2026, to pursue another opportunity. CFO Lee A. Boyce will also become principal accounting officer upon Mr. Ragusa’s departure.
Outlook, risks, and contingencies
The Company says it will monitor its share price and may take action to regain compliance, including a reverse stock split if necessary. It cautions that there is no assurance it will regain or maintain compliance. The filing identifies risks including the ability to effect a reverse split and uncertainty about Nasdaq’s requirements.
Important facts for investors to verify
- Whether HAIN’s closing bid price reaches at least $1.00 for 10 consecutive business days by March 22, 2027.
- Whether the Company undertakes a reverse stock split or another action to address the deficiency.
- Whether Mr. Boyce assumes the principal accounting officer role as planned on November 1, 2026.
- The Company’s latest financial results and risk disclosures, which are not included in this filing.