Plus Therapeutics Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement

Reuters

06-07

Plus <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement

Plus Therapeutics Inc. announced on June 3, 2025, that it has received a notice from the Nasdaq Listing Qualifications Department regarding non-compliance with the Nasdaq Listing Rule 5550(b)(1), which mandates a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. The company's recent quarterly report revealed a deficit of $23,641,000, prompting Nasdaq to consider delisting its securities. Plus Therapeutics plans to appeal the decision and request a hearing before a Nasdaq Hearings Panel to address the issue and seek compliance. The company aims to resolve the matter while continuing to trade on Nasdaq during the appeal process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plus Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-137089), on June 06, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Plus <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Plus Therapeutics Inc. announced on June 3, 2025, that it has received a notice from the Nasdaq Listing Qualifications Department regarding non-compliance with the Nasdaq Listing Rule 5550(b)(1), which mandates a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. 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Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-06-07 04:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Plus <a href=\"https://laohu8.com/S/LENZ\">Therapeutics</a> Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Plus Therapeutics Inc. announced on June 3, 2025, that it has received a notice from the Nasdaq Listing Qualifications Department regarding non-compliance with the Nasdaq Listing Rule 5550(b)(1), which mandates a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. The company's recent quarterly report revealed a deficit of $23,641,000, prompting Nasdaq to consider delisting its securities. Plus Therapeutics plans to appeal the decision and request a hearing before a Nasdaq Hearings Panel to address the issue and seek compliance. 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ID: 0001193125-25-137089), on June 06, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL7fC6Qq:1","article_id":"2541987298","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2541987298","pubTimestamp":1749241373,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Plus Therapeutics Inc. announced on June 3, 2025, that it has received a notice from the Nasdaq Listing Qualifications Department regarding non-compliance with the Nasdaq Listing Rule 5550, which mandates a minimum of $2.5 million in stockholders' equity for continued listing on the Nasdaq Capital Market. 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