regulatory
confidence high
sentiment negative
materiality 0.90
Plus Therapeutics gets Nasdaq delisting notice for negative stockholders' equity
PLUS THERAPEUTICS, INC.
- Company reported stockholders' equity deficit of $23.6M as of March 31, 2025, failing Nasdaq's $2.5M minimum.
- Nasdaq staff determined to delist securities; company must request a hearing by June 10, 2025.
- Common stock (PSTV) continues trading on Nasdaq Capital Market pending hearing decision.
- Company plans to appeal; hearing typically scheduled 30-45 days after request.
- Previously regained compliance on equity requirement on March 7, 2025, but fell back into non-compliance.
item 3.01