Medicus Pharma Ltd. (MDCX): Nasdaq/NYSE listing notice — Medicus Pharma receives Nasdaq bid price deficiency notice; expands ATM to $50M

Medicus Pharma Ltd.

Nasdaq notified Medicus on April 21, 2026 that its stock bid price closed below $1.00 for 30 consecutive business days, non-compliant with Listing Rule 5550(a)(2).
Company has 180 days (until Oct 19, 2026) to regain compliance by closing at $1.00+ for 10 consecutive days.
Medicus increased ATM offering amount from ~$15.35M to $50M via Amendment No. 1; ~$11.5M already raised under the program.

item 1.01 item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Medicus Pharma Ltd. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

April 21, 2026, the Company received written notice (the "Notice") from the Listing Qualifications Department of the Nasdaq Stock Market LLC ("Nasdaq"), notifying the Company that the closing bid price for the Company's

View on SEC.gov

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Medicus Pharma Ltd. amended Equity Distribution Agreement with Maxim Group LLC and Yorkville Securities, LLC valued at up to $50,000,000 (effective 2026-04-23).

Action: amendment
Agreement: atm program
Counterparty: Maxim Group LLC and Yorkville Securities, LLC
Value: up to $50,000,000
Effective: 2026-04-23

Exact text from the filing

the Company and the Agents entered into Amendment No. 1 to the Agreement (the "First Amendment", and together with the Agreement, the "Amended Agreement"), pursuant to which the Company increased the size of the aggregate offering amount from $15,349,674 to up to $50,000,000 (the "ATM Upsize")

View on SEC.gov

8 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

Medicus Pharma Ltd. filing history →

Source: SEC EDGAR

accession 0001062993-26-002142

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.