regulatory
confidence high
sentiment negative
materiality 0.90
ProPhase Labs receives Nasdaq delisting notice for bid-price non-compliance; trading to suspend Jan 5
ProPhase Labs, Inc.
- Nasdaq staff determination on Dec 29, 2025: company failed to regain compliance with minimum $1.00 bid price rule after two 180-day periods ending Dec 22.
- Common stock trading will be suspended at the open on Jan 5, 2026; Nasdaq will file Form 25 to remove the listing.
- Company intends to timely request a hearing before Nasdaq Hearings Panel to appeal the staff determination.
- Concurrently, ProPhase is applying for quotation of its common stock on the OTC Markets.
item 3.01item 9.01