regulatory
confidence high
sentiment negative
materiality 0.65
Immunic receives Nasdaq notice for non-compliance with $1.00 minimum bid price
IMMUNIC, INC.
- On June 27, 2025, Nasdaq notified Immunic that its common stock bid price closed below $1.00 for 30 consecutive business days, violating Listing Rule 5450(a)(1).
- The company has 180 calendar days (until December 24, 2025) to regain compliance by maintaining a $1.00 closing bid price for at least 10 consecutive business days.
- If not compliant by the deadline, Immunic may apply for an additional 180-day period if it meets other Nasdaq Capital Market listing requirements and intends to effect a reverse stock split.
- The notice has no immediate effect on listing; Immunic is evaluating options to regain compliance.
item 3.01