Why IMCC rose 20.3% on Sep 24 2026: nasdaq compliance
IMCC+20.3%on Thu Sep 24 2026
IM Cannabis Corp. Common Shares was up 20.3% on the day at $3.50, ranked #1 on 35.3× its usual five-minute volume, when TapeRank recorded this spike at 08:27 ET during the pre-market session.
THE DAY ON THE LIST · 1 EVENT
- 08:27 ETMOVER · PRE-MARKET
$3.50 · ▲ 20.3% ON THE DAY · 35.3× 5M RVOL · RANK #1
JUSTIFIEDCONFIDENCE5/5IMCC is up 9.6% pre-market, with a sharp 7.4% five-minute burst, after regaining Nasdaq minimum-bid compliance. The move is also occurring as a registered direct offering of 655,000 shares at $2.00 is priced, creating clear dilution exposure into the strength.
WHYA roughly 10% move is proportionate to restored listing compliance for a sub-$5 stock, but the 655,000-share offering is a material issuance relative to the 604,000-share float proxy.ANALYZED 08:25 ET · 1 MIN AGO · OPENAI/GPT-5.6-LUNATHE ROW AND SESSION LEVELS AT 08:27 ET
LAST3.50DAY▲ 20.3%5 MIN▲ 14.16%5M RVOL35.3×5M $VOL$510KFLOAT*604KRANK#1SESSIONPRE-MARKETVWAP2.97HOD3.37LOD2.71OR HIGH—OR LOW—PREV CLOSE2.91PM HIGH3.37PM LOW2.71GAP▲ 14.54% (indicated)* FLOAT IS SHARES OUTSTANDING; TRUE FREE FLOAT IS NOT AVAILABLE
— MEANS THE LEVEL DID NOT EXIST YET AT THAT INSTANT, NOT ZERO
THE SESSION
- 09:30 ETOpened at $2.95, +1.4% on the previous close of $2.91
- 09:30 ETRegular-session low, $2.91
- 09:38 ETRegular-session high, $3.24
- 15:59 ETLast trade of the regular session, $3.17, +8.9% on the previous close of $2.91
- Volume: 1.2M shares in regular hours, 2.5M before the open
IMCC opened at $2.95, briefly dipped to $2.91, then climbed to a $3.24 high by 09:38 ET before easing to $3.17 at the regular-session close. TapeRank read the move as justified by IM Cannabis regaining Nasdaq minimum-bid compliance, while noting that a registered direct offering of 655,000 shares priced at $2.00 created dilution exposure; the related prospectus supplement was filed at 04:15 ET. With no halts, the stock finished 8.9% above the previous close after reaching TapeRank’s #1 mover ranking premarket at $3.50.
WRITTEN THU OCT 15 2026 17:55 ET BY OPENAI/GPT-5.6-LUNA FROM THE FACTS ON THIS PAGE
FILINGS AND NEWS · 24H BEFORE THE MOVE
- 04:15 ET424B5 — Prospectus supplement — offering pricedSEC 424B5
- 03:01 ET6-K — Foreign issuer reportSEC 6-K
- WED 16:02 ETIM Cannabis Says It Received Nasdaq Notice Of Regained Compliance With Minimum Bid Price RuleBenzinga
- WED 12:15 ET6-K — Foreign issuer reportSEC 6-K
- WED 08:39 ETIM Cannabis Announces $1.31M Registered Direct Offering Of 655,000 Common Shares At A Price Of $2/ShareBenzinga
On the tape right now
WHERE THE LIST STOODWED NOV 4 2026 · 13:49 ETRECORDED LIVE · 742 QUALIFY
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