secwatch.observer — SEC 8-K summary
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Issuer:     SYNLOGIC, INC. (SYBX)
CIK:        0001527599
Form:       8-K
Filed at:   2025-11-26T23:59:59+00:00
Accession:  0001193125-25-300824
Event type: regulatory
Sentiment:  negative
Materiality: 0.80
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

Nasdaq notifies Synlogic it is a public shell; delisting possible unless hearing succeeds
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- Nasdaq Staff believes Synlogic is a public shell, citing zero revenue, minimal R&D costs, and reduced operations since Feb 2024.
- Notice received Nov 21, 2025; company disagrees and intends to request a hearing to contest the Staff's determination.
- Hearing request automatically stays suspension/delisting pending outcome, but there is no assurance of a successful result.
- Quarterly reports for nine months 2025 show no revenue and only $16,000 in R&D expenses, per the Staff.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1527599/000119312525300824/0001193125-25-300824-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1527599/000119312525300824/sybx-20251121.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-300824

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