regulatory
confidence high
sentiment positive
materiality 0.60
Salarius regains Nasdaq equity compliance; fully compliant ahead of Decoy merger
Decoy Therapeutics Inc.
- Received Nasdaq letter on Oct 10, 2025 confirming compliance with minimum stockholders' equity requirement (Rule 5550(b)(1)).
- Now fully compliant with all Nasdaq listing requirements, having also regained bid price compliance on Sept 9, 2025.
- Subject to a Mandatory Panel Monitor for one year from Oct 10, 2025; noncompliance could lead to delisting without a cure period.
- Planned merger with Decoy Therapeutics (announced Jan 13, 2025) remains on track; combined company to be named Decoy Therapeutics.
- Post-merger pipeline includes pan-coronavirus antiviral IND filing within 12 months and data from MD Anderson seclidemstat study.