regulatory
confidence high
sentiment negative
materiality 0.72
Silexion gets Nasdaq bid-price notice after 30 days below $1.00; hearings panel to weigh listing
Silexion Therapeutics Corp
- Nasdaq Listing Qualifications staff letter dated September 25, 2026 says SLXN ordinary shares closed below the $1.00 minimum bid for 30 consecutive business days, breaching Listing Rule 5550(a)(2).
- Nasdaq's hearings panel will consider the bid price deficiency in deciding whether Silexion may remain listed on the Nasdaq Capital Market.
- Nasdaq says the letter has no immediate effect: ordinary shares keep trading as SLXN and listed warrants keep trading as SLXNW.
- Warrants to buy ordinary shares carry an exercise price of $15,525.00 per share; ordinary shares have $0.135 par value.
- Company says it cannot assure ongoing compliance with the bid price rule or other Nasdaq listing requirements.