Mereo BioPharma Faces Nasdaq Delisting Risk Over Minimum Bid Price Rule

Reuters
Feb 18
Mereo BioPharma Faces Nasdaq Delisting Risk Over Minimum Bid Price Rule

Mereo BioPharma Group plc has received a notice from Nasdaq after its American Depositary Shares (ADSs) failed to maintain the minimum bid price of $1.00 for 30 consecutive business days, as required by Nasdaq Listing Rule 5550(a)(2). The company has until August 17, 2026, to regain compliance or risk potential delisting, though its shares continue to trade for now.

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. Mereo BioPharma Group plc 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: 0001193125-26-054787), on February 17, 2026, and is solely responsible for the information contained therein.

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