regulatory
confidence high
sentiment negative
materiality 0.60
ELUTIA INC. (ELUT): Nasdaq/NYSE listing notice — Elutia receives Nasdaq deficiency notice for bid price below $1.00 per share
ELUTIA INC.
- Nasdaq notified Elutia on Nov 7, 2025 that its common stock closed below $1.00 for 30 consecutive business days.
- Company has 180 days (until May 6, 2026) to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not cured, Elutia may request an additional 180-day period if it meets market value and other initial listing standards.
- Stock continues trading on Nasdaq under 'ELUT' while the company monitors options, including a potential reverse stock split.
- No immediate delisting; failure to cure could lead to delisting.