other_material
confidence high
sentiment negative
materiality 0.75
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