other_material
confidence high
sentiment negative
materiality 0.75
Silexion receives Nasdaq bid price deficiency notice; reverse split set for July 29
Silexion Therapeutics Corp
- On July 18, 2025, Nasdaq notified Silexion that its ordinary shares' closing bid price was below $1.00 for 30 consecutive days.
- Bid price deficiency will be considered by Nasdaq hearings panel in continued listing decision.
- Shareholder-approved 1-for-15 reverse split effective after market close July 28; trading begins split-adjusted July 29.
- Company must also meet $2.5M minimum shareholders' equity by September 19, 2025 to maintain listing.
- Current trading of shares (SLXN) and warrants (SLXNW) unaffected at this time.
item 3.01