Processa Pharmaceuticals Granted Extension to Regain Nasdaq Compliance Amid Bid Price Challenge

Reuters

08/09

Processa Pharmaceuticals Granted Extension to Regain Nasdaq Compliance Amid Bid Price Challenge

Processa Pharmaceuticals Inc. has announced that it received a notification from the Nasdaq Stock Market regarding its failure to meet the minimum bid price requirement of $1.00 per share for its common stock. The company has been granted a second 180-day grace period, ending on February 2, 2026, to regain compliance. Processa Pharmaceuticals is considering a reverse stock split as a potential solution to meet the requirement. During this period, the company's stock will continue to be listed and traded on the Nasdaq Capital Market, as long as it meets other listing standards.

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. Processa Pharmaceuticals 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: 0001493152-25-011775), on August 08, 2025, and is solely responsible for the information contained therein.

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