regulatory
confidence high
sentiment negative
materiality 0.65
Nektar receives Nasdaq delisting notice for bid price below $1.00
NEKTAR THERAPEUTICS
- Received Nasdaq notice on April 3, 2025 for non-compliance with minimum bid price rule.
- Must regain compliance by September 30, 2025; closing bid price must be at least $1.00 for 10 consecutive days.
- If not compliant by deadline, Nasdaq may grant second 180-day grace period subject to conditions.
- Company intends to monitor bid price and consider options to regain compliance; no guarantee of success.