---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-134421"
form_type: "8-K"
ticker: null
cik: "0001300699"
company_name: "Athenex, Inc."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:28:43.930182+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Athenex receives Nasdaq delisting notice for failure to meet minimum market value of publicly held shares

## Summary
- Received letter from Nasdaq on Apr 27, 2023 for non-compliance with min market value of publicly held shares (<$15M).
- 180-day compliance period until Oct 24, 2023 to regain compliance by maintaining $15M+ for 10 consecutive business days.
- If non-compliance persists, Nasdaq will delist ATNX common stock; Company can appeal to hearings panel.
- No immediate effect on listing; Company considering options to address the deficiency.

## SEC filing metadata
- accession: 0001193125-23-134421
- form_type: 8-K
- cik: 0001300699
- company_name: Athenex, Inc.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1300699/000119312523134421/0001193125-23-134421-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1300699/000119312523134421/d238325d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-134421
- JSON: https://secwatch.observer/filing/0001193125-23-134421.json
- Plain text: https://secwatch.observer/filing/0001193125-23-134421.txt

## Key facts
- Listing & Compliance Notices
  Athenex, Inc. received a nasdaq deficiency notice notice regarding market value (rules 5450(b)(3)(C), 5810(c)(3)(D)).
  - Exchange: nasdaq
  - Notice: deficiency notice
  - Deficiency: market value
  - Rules: 5450(b)(3)(C), 5810(c)(3)(D)
  source text: April 27, 2023, Athenex, Inc. (the “Company”) received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that, based upon the closing bid price of the Company’s common stock for the last 30 consecutive business days and its number of publicly held shares, the Company no longer meets Nasdaq Listing Rule 5450(b)(3)(C), which requires listed companies to maintain a minimum market value of publicly held shares of at least $15 million. Nasdaq Listing Rule 5810(c)(3)(D) provides a compliance period of 180 calendar days, or until October 24, 2023, in
  evidence_url: https://www.sec.gov/Archives/edgar/data/1300699/000119312523134421/0001193125-23-134421-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.