IGM Biosciences, Inc.: Nasdaq/NYSE listing notice — IGM Biosciences receives Nasdaq non-compliance notice for MVLS below $50M

IGM Biosciences, Inc.

Received Nasdaq notice on June 6, 2025, for MVLS below $50M minimum requirement.
Has 180 calendar days, until December 3, 2025, to regain compliance.
Must have MVLS close at $50M+ for 10 consecutive business days to cure.
If non-compliance persists, Nasdaq may initiate delisting; company can appeal or consider transfer to Nasdaq Capital Market.
Listing continues under 'IGMS' with no immediate effect on trading.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.98

IGM Biosciences, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(2)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: market value
Rules: 5450(b)(2)(A)

Exact text from the filing

June 6, 2025, IGM Biosciences, Inc. (the “Company”) received written notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the Company is no longer in compliance with the minimum Market Value of Listed Securities (“MVLS”) of $50,000,000 required for continued listing on The Nasdaq Global Select Market, as set forth in Nasdaq Listing Rule 5450(b)(2)(A) (the “MVLS Requirement”). The Notice has no effect at this time on the listing of the Company’s common stock (the “Common Stock”), which continues to trade on The Nasdaq Global Select Market under the symbol “IGMS”. In

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Source: SEC EDGAR

accession 0000950170-25-084924

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