---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-25-019574"
form_type: "8-K"
ticker: "TLPH"
cik: "0001427925"
company_name: "TALPHERA, INC."
filed_at: "2025-06-05T23:59:59+00:00"
generated_at: "2026-05-19T21:41:42.958246+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Talphera gets 180-day extension to regain Nasdaq $1.00 bid price compliance through Dec 1, 2025

## Summary
- Received Nasdaq notice granting second 180-day compliance period until December 1, 2025 for minimum bid price requirement.
- Common stock transferred to Nasdaq Capital Market from Global Select Market on May 30, 2025; trades under symbol TLPH.
- To regain compliance, closing bid price must be at least $1.00 per share for 10 consecutive business days.
- Company intends to consider a reverse stock split if necessary; warns no assurance of regaining compliance.
- If not compliant by December 1, 2025, Nasdaq will delist; company may appeal to Nasdaq Hearings Panel.

## SEC filing metadata
- accession: 0001437749-25-019574
- form_type: 8-K
- ticker: TLPH
- cik: 0001427925
- company_name: TALPHERA, INC.
- filed_at: 2025-06-05T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1427925/000143774925019574/0001437749-25-019574-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1427925/000143774925019574/acrx20250605_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-25-019574
- JSON: https://secwatch.observer/filing/0001437749-25-019574.json
- Plain text: https://secwatch.observer/filing/0001437749-25-019574.txt

## Key facts
- Listing & Compliance Notices
  TALPHERA, INC. received a nasdaq extension granted notice regarding minimum bid price (rules 5550(a)(2), 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(A)(ii)).
  - Exchange: nasdaq
  - Notice: extension granted
  - Deficiency: minimum bid price
  - Rules: 5550(a)(2), 5450(a)(1), 5810(c)(3)(A), 5810(c)(3)(A)(ii)
  source text: June 5, 2025, Talphera, Inc. (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Staff (the “Staff”) of the Nasdaq Stock Market (“Nasdaq”) granting the Company an additional 180 days, until December 1, 2025 (the “Second Compliance Period”), to regain compliance with the $1.00 bid price requirement, as set forth in Nasdaq Listing Rule 5550(a)(2). To regain compliance with such minimum price requirement, the Company must evidence a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. As previously announced, on December
  evidence_url: https://www.sec.gov/Archives/edgar/data/1427925/000143774925019574/0001437749-25-019574-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.