Estrella Immunopharma Inc. has announced that it received a notice from the Nasdaq Stock Market LLC on August 1, 2025, indicating non-compliance with Nasdaq Listing Rule 5550(b)(2). The company failed to maintain the required minimum Market Value of Listed Securities (MVLS) of $35 million for 30 consecutive business days, specifically from June 13 to July 31, 2025. While this notification does not immediately affect the company's listing, Estrella Immunopharma has been granted a 180-day period, until January 28, 2026, to meet the MVLS requirement by closing at or above $35 million for ten consecutive business days. The company is actively monitoring its MVLS and considering options to regain compliance, though there is no guarantee of success.
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