---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-012249"
form_type: "8-K"
ticker: "LYEL"
cik: "0001806952"
company_name: "Lyell Immunopharma, Inc."
filed_at: "2025-01-24T23:59:59+00:00"
generated_at: "2026-05-27T11:29:37.178584+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Lyell Immunopharma receives Nasdaq delisting notice for bid price below $1.00

## Summary
- Notice received Jan 23, 2025: common stock bid price below $1.00 for 33 consecutive business days.
- Company has 180 calendar days, until July 22, 2025, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not compliant by July 22, may qualify for an additional 180-day period by transferring to Nasdaq Capital Market.
- Company will evaluate options, including a reverse stock split, to cure the deficiency.

## SEC filing metadata
- accession: 0001193125-25-012249
- form_type: 8-K
- ticker: LYEL
- cik: 0001806952
- company_name: Lyell Immunopharma, Inc.
- filed_at: 2025-01-24T23:59:59+00:00
- event_type: other_material
- 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/1806952/000119312525012249/0001193125-25-012249-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1806952/000119312525012249/d884359d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-012249
- JSON: https://secwatch.observer/filing/0001193125-25-012249.json
- Plain text: https://secwatch.observer/filing/0001193125-25-012249.txt

## Source-grounded claims
- claim_id: 1383847858e313a1029bbbd3833b65109d3c7cb0
  claim: Lyell Immunopharma, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5450(a)(1)).
  evidence_excerpt: January 23, 2025, Lyell Immunopharma, Inc. (the “Company”) received notice (the “Notice”) from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 33 consec
  evidence_url: https://www.sec.gov/Archives/edgar/data/1806952/000119312525012249/0001193125-25-012249-index.htm

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