BioAtla Faces Nasdaq Delisting Over Listing Rule Violations

Reuters

Feb 07

BioAtla Faces Nasdaq Delisting Over Listing Rule Violations

BioAtla Inc. is facing a significant regulatory issue after receiving notice from Nasdaq that its securities will be suspended from trading due to non-compliance with the $1.00 minimum bid price requirement and the $2.5 million stockholders' equity requirement. The company had previously met an alternative market value standard but failed to maintain compliance. BioAtla is appealing the delisting determination to the Nasdaq Listing Council, but trading on Nasdaq may be suspended while the appeal is pending. If delisted, BioAtla’s stock is expected to move to the OTCID market, which could negatively affect trading price and volume, and there is no assurance a market for its shares will be maintained.

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. BioAtla 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: 0001193125-26-041367), on February 06, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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