regulatory
confidence high
sentiment negative
materiality 0.80
Quince Therapeutics receives Nasdaq delisting notice after negative stockholders' equity
Quince Therapeutics, Inc.
- On Aug 31, 2026, Nasdaq notified QNCX that stockholders' equity was ($35.3M) as of June 30, 2026, below $10M minimum.
- Company has until Oct 15, 2026 to submit compliance plan; Nasdaq may grant extension to Feb 27, 2027.
- Shares continue trading on Nasdaq Global Select under QNCX; no immediate delisting effect.
- Filed initial listing application to move to Nasdaq Capital Market; may rename to IRulya Therapeutics Inc. under IRLA.
- Management evaluating alternatives; no assurance of regaining compliance or listing approval.