<a href="https://laohu8.com/S/TLPH">Talphera Inc.</a> Receives Nasdaq Extension to Regain Compliance with $1.00 Bid Price Rule
Talphera Inc. Faces Potential Delisting from Nasdaq On June 5, 2025, Talphera Inc. announced it received a written notice from the Nasdaq Stock Market's Listing Qualifications Staff, granting the company an additional 180 days, until December 1, 2025, to comply with the $1.00 minimum bid price requirement per share as per Nasdaq Listing Rule 5550(a)(2). The company's stock had previously closed below this threshold for 30 consecutive business days, prompting the initial warning. Talphera's stock was transferred to The Nasdaq Capital Market on May 30, 2025, following the company's failure to meet the criteria for The Nasdaq Global Select Market. The company is considering measures, including a potential reverse stock split, to address the deficiency. Failure to comply by the deadline could result in delisting, although Talphera would have the option to appeal the decision.
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. Talphera 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: 0001437749-25-019574), on June 05, 2025, and is solely responsible for the information contained therein.
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