---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-097755"
form_type: "8-K"
ticker: "PASG"
cik: "0001787297"
company_name: "Passage BIO, Inc."
filed_at: "2023-09-01T23:59:59+00:00"
generated_at: "2026-06-11T00:40:54.353935+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Passage Bio receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Notice received Aug 31, 2023; closing bid price below $1/share for 30 consecutive days.
- Initial compliance period through Feb 27, 2024; stock must close at $1+ for 10 days.
- Company may transfer to Nasdaq Capital Market for additional 180-day grace period.
- No decision on response has been made; compliance not assured.

## SEC filing metadata
- accession: 0001104659-23-097755
- form_type: 8-K
- ticker: PASG
- cik: 0001787297
- company_name: Passage BIO, Inc.
- filed_at: 2023-09-01T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1787297/000110465923097755/0001104659-23-097755-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1787297/000110465923097755/tm2325209d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-097755
- JSON: https://secwatch.observer/filing/0001104659-23-097755.json
- Plain text: https://secwatch.observer/filing/0001104659-23-097755.txt

## Key facts
- Listing & Compliance Notices
  Passage BIO, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: August 31, 2023, Passage Bio, Inc. (the “ Company ”) received notice (the “ Notice ”) from the Listing Qualifications staff of the Nasdaq Stock Market LLC (“ Nasdaq ”) that, because the closing bid price for the Company’s common stock has fallen below $1.00 per share for 30 consecutive business days, the Company no longer complies with the minimum bid price requirement for continued listing on the Nasdaq Global Select Market under Nasdaq Listing Rule 5450(a)(1). The Notice has no immediate effect on the listing of the Company’s common stock on the Nasdaq Global Select Market. Pursuant to Nasda
  evidence_url: https://www.sec.gov/Archives/edgar/data/1787297/000110465923097755/0001104659-23-097755-index.htm

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