LeonaBio, Inc. (LONA): Nasdaq/NYSE listing notice — Athira Pharma transfers to Nasdaq Capital Market; must regain $1 bid price by Oct 13, 2025

LeonaBio, Inc.

Approved transfer from Nasdaq Global Select Market to Capital Market effective April 17, 2025.
Failed to meet $1 minimum bid price; granted 180-day grace period until October 13, 2025.
Must have bid price ≥ $1 for ten consecutive business days during grace period to regain compliance.
Seeking stockholder approval for reverse stock split at its 2025 annual meeting.
Stock continues trading under symbol 'ATHA' on Nasdaq Capital Market.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.95

LeonaBio, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1), 5810(c)(3)(A)

Exact text from the filing

October 16, 2024 notifying the Company that, based on the closing bid price of the Company’s Common Stock, for the preceding 30 consecutive business days, the Company was not in compliance with the minimum bid price requirement for continued listing on The Nasdaq Global Select Market. Nasdaq Listing Rule 5450(a)(1) requires listed securities to maintain a minimum bid price of $1.00 per share (the “Minimum Bid Price Requirement”). Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company had an initial compliance period of 180 calendar days, or until April 14, 2025, to regain compliance with t

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LeonaBio, Inc. filing history →

Source: SEC EDGAR

accession 0000950170-25-054707

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