Nasdaq notifies Ensysce of delisting risk for equity shortfall
Ensysce Biosciences, Inc.
- Received Nasdaq notice on May 21, 2026 for non-compliance with $2.5M stockholders' equity requirement as of March 31, 2026.
- Must submit a plan by July 6, 2026 (45 days) to regain compliance; if accepted, extension up to 180 days from May 21.
- Company plans to submit a timely plan and explore options, but no assurance Nasdaq will accept or extension granted.
- Failure could lead to delisting; company may appeal to Nasdaq Hearings Panel if plan rejected.