regulatory
confidence high
sentiment negative
materiality 0.75
Genprex receives Nasdaq exception to continue listing; must meet $1 bid price by July 29, 2026
Genprex, Inc.
- Nasdaq panel granted exception to continue listing; must demonstrate $1.00 minimum bid price compliance by July 29, 2026 and maintain through Dec 7, 2026.
- Company implemented 1-for-22 reverse stock split on July 16, 2026 to help regain compliance with bid price requirement.
- Panel retains jurisdiction until Dec 7, 2026; failure to maintain compliance could lead to delisting.
- New Nasdaq rule effective July 22, 2026 allows immediate suspension if market value of listed securities falls below $5M for 30 consecutive days.
- No assurance of maintaining compliance; delisting could harm capital raising, stock price, and business development.