XTL Biopharmaceuticals Gets Nasdaq Noncompliance Notice

MT Newswires Live

05/23

XTL Biopharmaceuticals (XTLB) received a letter from Nasdaq for not complying with its listing rules after failing to file its 2025 Form 20-F annual report, the company said late Friday.

The company is also facing a Nasdaq Hearings Panel review for not meeting the minimum $2.5 million stockholders' equity and $1 bid price listing requirements.

These issues could lead to a potential delisting, and the company has until May 26 to request a stay of the suspension of its securities, it said.

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