Aditxt, Inc. (ADTX): Nasdaq/NYSE listing notice — Aditxt receives Nasdaq deficiency notice for bid price below $1.00

Aditxt, Inc.

Nasdaq notified Aditxt on April 28, 2023, of non-compliance with minimum $1.00 bid price rule.
Closing bid price between March 16 and April 27, 2023, triggered the deficiency.
Company has 180 calendar days (until October 25, 2023) to regain compliance.
To regain compliance, bid price must close at $1.00+ for 10 consecutive business days.
Company may consider a reverse stock split to cure the deficiency.

item 3.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

Aditxt, Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2), 5810(c)(3)(A)

Exact text from the filing

April 28, 2023, Aditxt, Inc. (the “Company”) was notified (the “Notification Letter”) by The Nasdaq Stock Market, LLC (“Nasdaq”) that it is not in compliance with the minimum bid price requirements set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a period of 30 consecutive business days. Based on th

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Aditxt, Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-033975

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