other_material
confidence high
sentiment negative
materiality 0.85
Protagenic Therapeutics receives Nasdaq delisting notice; trading to move to OTC Jan 5, 2026
Protagenic Therapeutics, Inc.new
- Nasdaq determined to delist PTIX and PTIXW due to failure to meet minimum stockholders' equity (Rule 5550(b)(1)) and timely filing (Rule 5250(c)(1)).
- Trading on Nasdaq will cease at close of Jan 2, 2026; OTC trading expected to start Jan 5, 2026.
- Company has withdrawn its hearing request, making delisting final.
- Company intends to evaluate steps to regain compliance and seek relisting on Nasdaq.
item 3.01