Imunon Inc. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price Requirement

Reuters

05-31

Imunon Inc. Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price Requirement

Imunon Inc. has announced a potential delisting from The Nasdaq Capital Market after failing to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. The company was initially given until May 27, 2025, to regain compliance, but did not meet the criteria by the deadline. Consequently, Imunon received a delisting determination letter on May 28, 2025. The company plans to request a hearing to appeal the decision and intends to present a compliance plan, which may include a reverse stock split, to maintain its Nasdaq listing.

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. Imunon 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: 0001641172-25-013051), on May 30, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting After Failing to Meet Minimum Bid Price Requirement\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\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 smaller\">2025-05-31 04:31</p>\n</div>\n</a>\n</h4>\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      Imunon Inc. 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ID: 0001641172-25-013051), on May 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\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:20250530:nNDL9dwtGv:1","article_id":"2539420855","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539420855","pubTimestamp":1748637090,"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":"Imunon Inc. has announced a potential delisting from The Nasdaq Capital Market after failing to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. 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