Century Therapeutics Inc. Faces Nasdaq Listing Challenge Due to Non-Compliance with Minimum Bid Price Rule
Century Therapeutics Inc. announced it received a deficiency letter from Nasdaq on February 26, 2025, indicating non-compliance with the $1.00 minimum bid price requirement for continued listing on The Nasdaq Global Select Market. Despite efforts, the company failed to meet this requirement by the initial compliance deadline of August 26, 2025. Subsequently, Nasdaq approved Century Therapeutics' transfer to The Nasdaq Capital Market on August 27, 2025, and granted an additional 180-day period until February 23, 2026, to regain compliance. The company is considering options, including a reverse stock split, to address the deficiency, though there is no assurance of compliance with this or other Nasdaq listing criteria.
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