---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-008217"
form_type: "8-K"
ticker: "TLPH"
cik: "0001427925"
company_name: "TALPHERA, INC."
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:28:21.165004+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Talphera receives Nasdaq bid price deficiency notice; 180 days to regain compliance

## Summary
- Received Nasdaq notice on March 11, 2026 for non-compliance with minimum bid price of $1.00 per share.
- Deficiency exists after 30 consecutive business days below $1.00; stock currently trades on Nasdaq Capital Market.
- Company has 180 calendar days, until September 7, 2026, to regain compliance by closing at $1.00 for 10 consecutive days.
- If not compliant by deadline, Talphera may seek a second 180-day period if it meets other listing standards.
- Company intends to monitor bid price and evaluate options, including reverse stock split if necessary.

## SEC filing metadata
- accession: 0001437749-26-008217
- form_type: 8-K
- ticker: TLPH
- cik: 0001427925
- company_name: TALPHERA, INC.
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 3.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1427925/000143774926008217/0001437749-26-008217-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1427925/000143774926008217/acrx20260313_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-008217
- JSON: https://secwatch.observer/filing/0001437749-26-008217.json
- Plain text: https://secwatch.observer/filing/0001437749-26-008217.txt

## Source-grounded claims
- claim_id: 7fc29ab8965365a07c6ae241cc8d669da7227cd9
  claim: TALPHERA, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
  evidence_excerpt: March 11, 2026, Talphera, Inc., (the “Company”) received a written notice (the “Notice”) from the Listing Qualifications Staff of the Nasdaq Stock Market (“Nasdaq”) notifying the Company that it is not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market. Nasdaq Listing Rule 5550(a)(2) requires listed securities to maintain a minimum bid price of $1.00 per share, and Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if the deficiency continues for a p
  evidence_url: https://www.sec.gov/Archives/edgar/data/1427925/000143774926008217/0001437749-26-008217-index.htm

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