Soligenix Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Stockholders' Equity Requirement
Soligenix Inc. has received a notice from The Nasdaq Stock Market LLC indicating that the company is not in compliance with the minimum stockholders' equity requirement for continued listing on The Nasdaq Capital Market. As of the end of June 2025, Soligenix reported stockholders' equity of $1,828,951, falling short of the required $2,500,000. Nasdaq has given the company until September 29, 2025, to submit a plan to regain compliance. If accepted, Soligenix may receive an extension of up to 180 days from the notice date to meet the requirements. The company is exploring options to address the issue but acknowledges there is no guarantee that their plan will be accepted or that compliance will be achieved. Soligenix's stock continues to trade under the symbol "SNGX" while they work towards meeting the listing requirements.
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