SOLIGENIX, INC. (SNGX): Nasdaq/NYSE listing notice — Soligenix receives Nasdaq bid price deficiency notice; 180 days to regain compliance

SOLIGENIX, INC.

Received Nasdaq notice on June 23, 2023 for failing $1.00 minimum bid price for 30 consecutive business days.
Has until December 20, 2023 to regain compliance by closing at $1.00+ for 10 consecutive business days.
If not compliant, may qualify for second 180-day period if meets other listing standards and intends reverse split.
Trading continues under symbol SNGX on Nasdaq Capital Market with no immediate delisting effect.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 1.0

SOLIGENIX, INC. received a nasdaq noncompliance notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: noncompliance notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

June 23, 2023, Soligenix, Inc. (the “Company”) received a written notice (the “Bid Price Notice”) from the Listing Qualifications department (the “Nasdaq Staff”) of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company is not in compliance with the $1.00 Minimum Bid Price requirement set forth in Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. The notification of noncompliance has no immediate effect on the listing or trading of the Company’s common stock on The Nasdaq Capital Market under the symbol “SNGX,” and the Company is currently monitoring th

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SOLIGENIX, INC. filing history →

Source: SEC EDGAR

accession 0001558370-23-011374

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