Elutia Inc. has received a notice from the Nasdaq Stock Market indicating that it is not in compliance with Nasdaq Listing Rule 5550(b)(2), which requires companies to maintain a minimum market value of listed securities of at least $35 million. The company’s market value has remained below this threshold for 30 consecutive business days. Additionally, Elutia does not meet other Nasdaq listing requirements relating to minimum shareholder equity or net income. The notice does not immediately affect Elutia's stock listing, but the company has 180 days, until June 22, 2026, to regain compliance. Failure to do so could result in delisting from Nasdaq, although the company may appeal this decision. Elutia is currently evaluating options to regain compliance, including potentially pursuing a reverse stock split.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elutia Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-000076), on January 02, 2026, and is solely responsible for the information contained therein.