Context Therapeutics Inc. Granted Extension by Nasdaq to Regain Compliance with Minimum Bid Price Rule
Context Therapeutics Inc. has announced that it received an extension from The Nasdaq Stock Market LLC, granting the company an additional 180 days, until February 23, 2026, to comply with the Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. This extension follows a previous notice in February 2025, indicating that the company's stock had failed to meet the minimum closing bid price for 30 consecutive business days. Context Therapeutics plans to actively monitor its stock price and may consider options such as a reverse stock split to regain compliance. However, there is no guarantee that the company will meet the requirement by the new deadline.
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