Moleculin Biotech Inc. Receives Nasdaq Deficiency Notice for Falling Below Minimum Bid Price Requirement

Reuters
06-28
Moleculin Biotech Inc. Receives Nasdaq Deficiency Notice for Falling Below Minimum Bid Price Requirement

Moleculin Biotech Inc. announced that it has received a deficiency letter from the Nasdaq Stock Market, indicating that its common stock has not met the minimum bid price requirement of $1.00 per share for the past 30 consecutive business days. This issue pertains to Nasdaq Listing Rule 5550(a)(2). Although this deficiency does not result in immediate delisting, the company has until December 24, 2025, to regain compliance. To do so, the stock price must close at or above $1.00 for at least 10 consecutive business days. Moleculin Biotech is considering options, including a possible reverse stock split, to address the issue. If the company fails to meet this requirement by the deadline and is not granted an additional compliance period, it may face delisting, though it can appeal this 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. Moleculin Biotech 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: 0001437749-25-021445), on June 27, 2025, and is solely responsible for the information contained therein.

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