Intensity Therapeutics Inc. Faces Nasdaq Delisting Risk Due to Low Stock Price Compliance Issue

Reuters
06/07
Intensity <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Faces Nasdaq Delisting Risk Due to Low Stock Price Compliance Issue

Intensity Therapeutics Inc. has announced that it received a notice from The Nasdaq Stock Market indicating that its common stock has failed to meet the minimum closing bid price of $1.00 per share for 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2). This notice does not immediately affect the trading of the company's stock, which will continue to trade under the symbol "INTS" on The Nasdaq Capital Market. The company has until December 3, 2025, to regain compliance by ensuring its stock maintains a closing bid price of at least $1.00 for 10 consecutive business days. Intensity Therapeutics is monitoring the situation and considering options to meet this requirement, but there is no assurance of success. If compliance is not achieved by the deadline, the company may seek additional time to rectify the situation or face potential delisting.

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. Intensity 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: 0001567264-25-000056), on June 06, 2025, and is solely responsible for the information contained therein.

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