Carisma Therapeutics Inc. (CARM): Nasdaq/NYSE listing notice — Carisma Therapeutics receives Nasdaq bid price deficiency notice; has until July 7, 2025 to regain compliance

Carisma Therapeutics Inc.

Received Nasdaq notice on Jan 6, 2025 for non-compliance with minimum bid price of $1.00 per share.
Company has 180 days, until July 7, 2025, to regain compliance by having closing bid price ≥$1.00 for 10 consecutive business days.
If compliance not achieved, may transfer to Nasdaq Capital Market for additional 180-day period, subject to meeting other listing standards.
Company intends to monitor bid price and consider options including potential reverse stock split if needed.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

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

Carisma Therapeutics Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5450(a)(1)

Exact text from the filing

January 6, 2025, Carisma Therapeutics Inc. (the “Company”) received written notice (the “Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, based upo

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Carisma Therapeutics Inc. filing history →

Source: SEC EDGAR

accession 0001104659-25-002522

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