---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-053140"
form_type: "8-K"
ticker: "TAOX"
cik: "0001571934"
company_name: "TAO Synergies Inc."
filed_at: "2023-04-28T23:59:59+00:00"
generated_at: "2026-06-16T06:27:37.221312+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Synaptogenix receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Nasdaq notified Synaptogenix on April 24, 2023 that its stock failed to maintain minimum $1.00 closing bid price for 30 consecutive days.
- Company has a 180-day grace period, until October 23, 2023, to regain compliance; stock continues trading under SNPX.
- Compliance can be achieved if closing bid price is at least $1.00 for 10 consecutive business days within the grace period.
- If non-compliance continues after October 23, 2023, Synaptogenix may seek additional time by meeting other listing standards and notifying Nasdaq.

## SEC filing metadata
- accession: 0001104659-23-053140
- form_type: 8-K
- ticker: TAOX
- cik: 0001571934
- company_name: TAO Synergies Inc.
- filed_at: 2023-04-28T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571934/000110465923053140/0001104659-23-053140-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571934/000110465923053140/tm2314003d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-053140
- JSON: https://secwatch.observer/filing/0001104659-23-053140.json
- Plain text: https://secwatch.observer/filing/0001104659-23-053140.txt

## Key facts
- Listing & Compliance Notices
  TAO Synergies Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5810(c)(3)(A)
  source text: April 24, 2023, Synaptogenix, Inc. (the “Company”) received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that for the preceding 30 consecutive business days, the Company’s common stock did not maintain a minimum closing bid price of $1.00 per share as required by Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The notice has no immediate effect on the listing or trading of the Company’s common stock, and the common stock will continue to trade on The Nasdaq Capital Market under the symbol “SNPX”
  evidence_url: https://www.sec.gov/Archives/edgar/data/1571934/000110465923053140/0001104659-23-053140-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.