regulatory
confidence high
sentiment negative
materiality 0.70
Lantern Pharma gets Nasdaq notice: MVLS under $35M for 30 days, 180 days to regain compliance
Lantern Pharma Inc.
- Nasdaq notice dated September 25, 2026: market value of listed securities (MVLS) fell below the $35,000,000 minimum for 30 consecutive business days.
- Company also does not meet Nasdaq Listing Rules 5550(b)(1) and 5550(b)(3), per the notice.
- Has until March 24, 2027 (180 calendar days) to regain compliance under Listing Rule 5810(c)(3)(C).
- To cure via MVLS, LTRN stock must close at $35,000,000 or more for a minimum of 10 consecutive business days.
- If compliance is not regained, the company expects Nasdaq to notify it that its securities are subject to delisting from the Nasdaq Capital Market.