regulatory
confidence high
sentiment negative
materiality 0.70
Neumora receives Nasdaq minimum bid price deficiency notice; has until Nov 10, 2025 to cure
Neumora Therapeutics, Inc.
- Nasdaq notified Neumora on May 14, 2025 that its stock failed to meet the $1.00 minimum bid price requirement.
- Company has 180 calendar days, until November 10, 2025, to regain compliance by closing at $1.00+ for 10 consecutive business days.
- If not compliant by Nov 10, 2025, Neumora may seek transfer to Nasdaq Capital Market and additional cure period.
- Board approved a reverse stock split (1-for-5 to 1-for-30) subject to stockholder vote at Annual Meeting on May 28, 2025.
- Neumora intends to monitor bid price and consider options including the reverse split to maintain listing.