Entero Therapeutics Inc. Granted Extension Until October 8, 2025, to Regain Nasdaq Compliance Amid Delisting Concerns

Reuters
01 Jul
Entero <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Granted Extension Until October 8, 2025, to Regain Nasdaq Compliance Amid Delisting Concerns

Entero Therapeutics Inc. has been granted an extension by Nasdaq until October 8, 2025, to regain compliance with the minimum stockholders' equity requirement for continued listing on the Nasdaq Capital Market. This follows a letter received on April 11, 2025, indicating non-compliance due to the company's negative stockholders' equity reported in their annual report. If Entero Therapeutics fails to meet the requirements, it may face delisting, but the company can appeal any delisting determination to a Nasdaq Hearing Panel. The company is currently working to meet the conditions set by the extension to maintain its listing status.

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