other_material
confidence high
sentiment neutral
materiality 0.70
Carisma Therapeutics secures Nasdaq listing extension with transfer to Capital Market, strict conditions to Oct 7, 2025
Carisma Therapeutics Inc.
- Nasdaq Panel granted exception; listing transferred to Nasdaq Capital Market effective June 12, 2025.
- Must demonstrate closing bid price ≥$1.00 for 10 consecutive sessions by Oct 7, 2025.
- Must complete a strategic transaction and meet all initial listing requirements for Capital Market by Oct 7.
- Company had previously failed MVLS ($50M), MVPHS ($15M), and Bid Price ($1.00) rules.
- Panel may reconsider if conditions not met; no assurance of compliance.
item 8.01