Imunon Inc. Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with Bid Price Requirement

Reuters

06-10

Imunon Inc. Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with Bid Price Requirement

Imunon Inc. recently faced a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement and minimum stockholders' equity requirement. The company received a delisting determination letter on May 28, 2025, indicating that unless a hearing was requested, trading of its common stock would be suspended on June 6, 2025. Imunon Inc. requested a hearing on May 29, 2025, to appeal the delisting determination and seek a suspension of delisting pending its return to compliance. The hearing request has stayed the suspension of trading, allowing the company's stock to remain listed on Nasdaq until the Panel delivers a decision. In a positive development, warrant exercises provided Imunon Inc. with $2.0 million in proceeds, raising its stockholders' equity to $3.0 million as of May 31, 2025.

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: 0001641172-25-014279), on June 09, 2025, and is solely responsible for the information contained therein.

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Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with Bid Price Requirement","media":"Reuters","content":"<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. Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Imunon Inc. recently faced a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement and minimum stockholders' equity requirement. The company received a delisting determination letter on May 28, 2025, indicating that unless a hearing was requested, trading of its common stock would be suspended on June 6, 2025. 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Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with 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\">2025-06-10 02:36</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. Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with Bid Price Requirement\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Imunon Inc. recently faced a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement and minimum stockholders' equity requirement. The company received a delisting determination letter on May 28, 2025, indicating that unless a hearing was requested, trading of its common stock would be suspended on June 6, 2025. Imunon Inc. requested a hearing on May 29, 2025, to appeal the delisting determination and seek a suspension of delisting pending its return to compliance. The hearing request has stayed the suspension of trading, allowing the company's stock to remain listed on Nasdaq until the Panel delivers a decision. In a positive development, warrant exercises provided Imunon Inc. with $2.0 million in proceeds, raising its stockholders' equity to $3.0 million as of May 31, 2025.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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: 0001641172-25-014279), on June 09, 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:20250609:nNDLJZSkv:1","article_id":"2542334475","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2542334475","pubTimestamp":1749494161,"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. recently faced a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement and minimum stockholders' equity requirement. 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Requests Hearing to Appeal Nasdaq Delisting as Stock Regains Compliance with Bid Price Requirement\n    \n\n        Imunon Inc. recently faced a potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement and minimum stockholders' equity requirement. The company received a delisting determination letter on May 28, 2025, indicating that unless a hearing was requested, trading of its common stock would be suspended on June 6, 2025. Imunon Inc. requested a hearing on May 29, 2025, to appeal the delisting determination and seek a suspension of delisting pending its return to compliance. The hearing request has stayed the suspension of trading, allowing the company's stock to remain listed on Nasdaq until the Panel delivers a decision. 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