regulatory
confidence high
sentiment negative
materiality 0.85
Kyntra Bio receives Nasdaq delisting determination; requests hearing to remain listed
KYNTRA BIO, INC.
- Nasdaq Staff determined on Sept 30, 2026 to delist Kyntra Bio (KYNB) after it missed the Sept 29, 2026 deadline to comply with Listing Rule 5450(b).
- Kyntra requested a Nasdaq Hearings Panel review, which stays suspension and Form 25-NSE filing; KYNB continues trading on Nasdaq Global Select Market.
- Company previously got Nasdaq notice on April 2, 2026 for failing Rule 5450(b)(3)(A), which requires at least $50 million in total assets and total revenue.
- An extension period could run up to 180 days from the Staff delisting Determination under Listing Rule 5815(c)(1)(A), but no assurance of relief is given.
- Kyntra Bio is preparing a compliance plan for the Panel; General Counsel John Alden signed on October 6, 2026.