Aditxt, Inc. (ADTX): Nasdaq/NYSE listing notice — Aditxt granted Nasdaq exception through Dec 26, 2023 to regain listing compliance

Aditxt, Inc.

Nasdaq granted Aditxt exception until Dec 26, 2023 to demonstrate compliance with Equity and Public Float Rules.
Company was non-compliant with minimum $2.5M stockholders' equity since March 31, 2023.
Aditxt regained compliance with the $1.00 minimum bid price rule.
Panel considered public float non-compliance (minimum 500k publicly held shares).
Failure to meet exception terms by Dec 26, 2023 could lead to delisting.

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.82

Aditxt, Inc. received a nasdaq compliance regained notice regarding late filing (rules 5550(b)(1), 5550(a)(2), 5550(a)(4)).

Exchange: nasdaq
Notice: compliance regained
Deficiency: late filing
Rules: 5550(b)(1), 5550(a)(2), 5550(a)(4)

Exact text from the filing

March 31, 2023, and as of March 31, 2023, the Company was no longer in compliance with Nasdaq Listing Rule 5550(b)(1), which requires a company to maintain a minimum of $2,500,000 in stockholders’ equity, or a market value of listed securities of at least $35 million, or net income from continuing operations of $500,000 in the most recently completed fiscal year or in two of the three most recently completed fiscal years (the “Equity Rule”). The May Notification Letter further provided that the Company had 45 calendar days, or until July 7, 2023, to submit a plan to regain compliance and if th

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Aditxt, Inc. filing history →

Source: SEC EDGAR

accession 0001013762-23-002174

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