regulatory
confidence high
sentiment negative
materiality 0.75
Pasithea Therapeutics receives Nasdaq minimum bid price non-compliance notice
Pasithea Therapeutics Corp.
- Nasdaq notified company on June 23, 2025 that common stock bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until December 22, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not cured, company may qualify for an additional 180-day period if it meets other listing requirements and intends to effect a reverse stock split.
- Company is evaluating options; notice does not affect business operations or SEC reporting obligations.
item 3.01