regulatory
confidence high
sentiment positive
materiality 0.45
Liminatus Pharma regains Nasdaq minimum bid price compliance after 1-for-50 reverse split
Liminatus Pharma, Inc.
- Nasdaq notice dated Sept 24, 2026: closing bid price was above $1.00 for 13 consecutive trading days from Aug 21 to Sept 9, 2026; the matter is now closed.
- Company effected a 1-for-50 reverse stock split at the close of trading on Aug 20, 2026 to cure the bid price deficiency.
- Original Jan 15, 2026 notice: bid below $1.00 for 30 consecutive business days, failing Nasdaq Listing Rule 5450(a)(1) for the Global Market.
- Nasdaq Hearings Panel transferred the company to the Nasdaq Capital Market effective Aug 4, 2026 and set a Sept 3, 2026 deadline under Rule 5550(a)(2).