Vyne <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Receives Nasdaq Notification for Non-Compliance with Minimum Bid Price Rule
Vyne Therapeutics Inc. has announced that it received a notification from The Nasdaq Stock Market LLC regarding non-compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum closing bid price of $1.00 per share. The company's stock has traded below this threshold for 30 consecutive business days. Although this notification does not currently affect the stock's listing on the Nasdaq Capital Market, Vyne Therapeutics must regain compliance by March 10, 2026, to avoid potential delisting. The company is exploring options, including a possible reverse stock split, to meet the requirements. If compliance is not achieved by the deadline, a second 180-day compliance period may be available subject to certain conditions.
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