other_material
confidence high
sentiment neutral
materiality 0.50
Citius regains compliance with Nasdaq minimum bid price requirement
Citius Pharmaceuticals, Inc.
- Nasdaq confirmed compliance with Listing Rule 5550(a)(2) after 10 consecutive trading days with bid price at $1.00 or greater.
- Compliance period from June 20, 2025 to July 3, 2025; previously scheduled hearing panel cancelled.
- CTXR common stock will continue to be listed and traded on Nasdaq Capital Market.
- Chairman and CEO Leonard Mazur stated the company remains focused on critical care products and shareholder value.
item 8.01item 9.01