regulatory
confidence high
sentiment negative
materiality 0.85
Carisma receives Nasdaq delisting notice for bid price non-compliance; schedules Aug 5 reverse split vote
Carisma Therapeutics Inc.
- Nasdaq notified Carisma on July 9, 2025 that failure to regain bid price compliance is an additional delisting basis.
- Listing transferred to Nasdaq Capital Market on June 12, 2025 with exception through Oct 7, 2025 to show compliance.
- Special meeting set for Aug 5, 2025 to approve reverse stock split (1:10 to 1:50) to increase bid price.
- No assurance reverse split will achieve compliance or Panel terms will be met by Oct 7, 2025.
item 3.01