regulatory
confidence high
sentiment negative
materiality 0.80
Adicet Bio receives Nasdaq delisting notice for bid price below $1; cure period to Oct 6, 2025
Adicet Bio, Inc.
- Received Nasdaq notice on April 7, 2025 for non-compliance with minimum bid price rule (closing bid <$1 for 30 consecutive days).
- Initial compliance period ends October 6, 2025; must close at or above $1 for at least 10 consecutive days to regain compliance.
- If not cured, may seek additional 180-day period by transferring to Nasdaq Capital Market and meeting other listing standards.
- Company considering reverse stock split as a potential cure; no assurance of regaining compliance or maintaining listing.