Talphera receives Nasdaq deficiency notice for stockholders' equity below $10M

TALPHERA, INC.

Stockholders' equity as of Sept 30, 2024 was $9.641M, below Nasdaq's $10M minimum for Global Market.
Company must submit a compliance plan by Jan 13, 2025; Nasdaq may grant up to 180-day extension.
If plan not accepted, Nasdaq will initiate delisting; Talphera can appeal to a hearings panel.
Talphera intends to submit a compliance plan but no assurance that Nasdaq will accept it.
Notice has no immediate effect on listing; common stock continues trading on Nasdaq Global Market.

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