regulatory
confidence high
sentiment negative
materiality 0.90
Vaxart receives Nasdaq delisting notice after withdrawing reverse stock split
Vaxart, Inc.
- On Sept 19, 2025, Nasdaq notified Vaxart that its securities will be delisted due to noncompliance with the Panel's conditions.
- The company withdrew its reverse stock split proposal on Sept 18, 2025, failing a key condition for continued listing.
- Trading on Nasdaq was suspended since July 8, 2025; VXRT now trades on OTCQX Best Market.
- The Panel had required shareholder approval of a reverse split by Sept 5, 2025, and completion by Oct 6, 2025.
- No further Nasdaq listing appeal is indicated; stock continues trading OTC under symbol VXRT.
item 3.01