---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-23-019993"
form_type: "8-K"
ticker: "SNGX"
cik: "0000812796"
company_name: "SOLIGENIX, INC."
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:35:48.710729+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Soligenix receives Nasdaq delisting notice; common stock may be suspended

## Summary
- Nasdaq notified Soligenix on Dec 21, 2023, of failure to meet $1.00 minimum bid price rule.
- Company ineligible for second 180-day cure period due to stockholders' equity of $4.22M (below $5M minimum).
- Intends to request a hearing by Dec 28, 2023, to stay suspension pending panel decision.
- Hearing expected within 45 days; company will present plan to regain compliance.
- No immediate impact on listing; shares continue trading on Nasdaq under symbol SNGX.

## SEC filing metadata
- accession: 0001558370-23-019993
- form_type: 8-K
- ticker: SNGX
- cik: 0000812796
- company_name: SOLIGENIX, INC.
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 3.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/812796/000155837023019993/0001558370-23-019993-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/812796/000155837023019993/sngx-20231221x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-23-019993
- JSON: https://secwatch.observer/filing/0001558370-23-019993.json
- Plain text: https://secwatch.observer/filing/0001558370-23-019993.txt

## Key facts
- Listing & Compliance Notices
  SOLIGENIX, INC. received a nasdaq delisting notice notice regarding minimum bid price (rules 5450(a)(1), 5810(c)(3)(A)).
  - Exchange: nasdaq
  - Notice: delisting notice
  - Deficiency: minimum bid price
  - Rules: 5450(a)(1), 5810(c)(3)(A)
  source text: December 21, 2023, the Company received written notice (the “Notice”) from Nasdaq stating that the Company has not complied with the Minimum Bid Price Rule and is not eligible for a second 180 day period because the Company does not comply with the $5,000,000 minimum stockholders’ equity initial listing requirement for The Nasdaq Capital Market. In that regard, the Company’s Form 10-Q for the quarter ended September 30, 2023 reported stockholders’ equity of $4,221,155. As a result, the Notice indicated that the Company’s common stock would be suspended from trading on Nasdaq unless the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/812796/000155837023019993/0001558370-23-019993-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.