SCYNEXIS Inc. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue

Reuters

06-27

<a href="https://laohu8.com/S/SCYX">SCYNEXIS Inc</a>. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue

SCYNEXIS Inc. has announced that it received a notification from the Nasdaq Stock Market's Listing Qualifications Department, indicating that the company's common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This notification, received on June 20, 2025, does not immediately affect the company's listing on the Nasdaq Global Market. SCYNEXIS has until December 17, 2025, to regain compliance by ensuring its stock price remains at or above $1.00 for at least 10 consecutive business days. The company is exploring options to address this issue and may consider moving to the Nasdaq Capital Market, which could grant an additional 180-day compliance period. If SCYNEXIS fails to meet these conditions, its stock could face delisting, although an appeal process is available.

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. SCYNEXIS 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: 0000950170-25-090374), on June 26, 2025, and is solely responsible for the information contained therein.

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Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue","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      <a href=\"https://laohu8.com/S/SCYX\">SCYNEXIS Inc</a>. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue\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        SCYNEXIS Inc. has announced that it received a notification from the Nasdaq Stock Market's Listing Qualifications Department, indicating that the company's common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This notification, received on June 20, 2025, does not immediately affect the company's listing on the Nasdaq Global Market. 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Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue\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\">2025-06-27 04:02</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      <a href=\"https://laohu8.com/S/SCYX\">SCYNEXIS Inc</a>. Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue\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        SCYNEXIS Inc. has announced that it received a notification from the Nasdaq Stock Market's Listing Qualifications Department, indicating that the company's common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This notification, received on June 20, 2025, does not immediately affect the company's listing on the Nasdaq Global Market. SCYNEXIS has until December 17, 2025, to regain compliance by ensuring its stock price remains at or above $1.00 for at least 10 consecutive business days. The company is exploring options to address this issue and may consider moving to the Nasdaq Capital Market, which could grant an additional 180-day compliance period. 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ID: 0000950170-25-090374), on June 26, 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":"SCYX","symbol_name":"SCYNEXIS Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250626:nNDL2GDsfJ:1","article_id":"2546759849","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2546759849","pubTimestamp":1750968123,"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":"SCYNEXIS Inc. has announced that it received a notification from the Nasdaq Stock Market's Listing Qualifications Department, indicating that the company's common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. 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Faces Nasdaq Delisting Risk Due to Sub-$1 Stock Price Compliance Issue\n    \n\n        SCYNEXIS Inc. has announced that it received a notification from the Nasdaq Stock Market's Listing Qualifications Department, indicating that the company's common stock has failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. This notification, received on June 20, 2025, does not immediately affect the company's listing on the Nasdaq Global Market. SCYNEXIS has until December 17, 2025, to regain compliance by ensuring its stock price remains at or above $1.00 for at least 10 consecutive business days. The company is exploring options to address this issue and may consider moving to the Nasdaq Capital Market, which could grant an additional 180-day compliance period. 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