Ironwood Pharmaceuticals Inc. has announced that it received a deficiency letter from the Nasdaq Stock Market LLC on May 28, 2025, indicating that the company's Class A common stock has not met the $1.00 per share minimum bid price requirement for the past 30 consecutive business days. This deficiency does not immediately affect the listing of the company's securities on Nasdaq. Ironwood has until November 24, 2025, to regain compliance by ensuring the stock price closes at $1.00 or more for at least 10 consecutive business days. The company is monitoring the situation and considering options to address the issue, though there is no guarantee of regaining compliance.
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