Soligenix receives Nasdaq deficiency notice for stockholders' equity below $2.5M

SOLIGENIX, INC.

Stockholders' equity of $1,828,951 as of June 30, 2025, below Nasdaq's $2.5M minimum.
July 1 ATM sale raised ~$1.44M gross, but company still fails alternative listing standards.
Must submit compliance plan by Sept 29, 2025; if accepted, Nasdaq may extend up to 180 days.
Failure to regain compliance could lead to delisting; company may appeal to Nasdaq panel.
Common stock continues trading on Nasdaq Capital Market under SNGX pending plan.

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