regulatory
confidence high
sentiment negative
materiality 0.65
Citius Pharma gets Nasdaq bid-price compliance extension to Feb 8, 2027
Citius Pharmaceuticals, Inc.
- Nasdaq granted extension to Feb 8, 2027 to regain compliance with $1.00 bid price rule.
- Must close at or above $1.00 for 10 consecutive business days before deadline.
- Failure to comply by Feb 8, 2027 triggers delisting notice; company may appeal.
- Stock remains listed on Nasdaq Capital Market under CTXR; no immediate effect.
- Company evaluating options; no assurance of regaining compliance.