regulatory
confidence high
sentiment positive
materiality 0.55
Gossamer Bio regains Nasdaq minimum bid price compliance after 1-for-80 reverse split
Gossamer Bio, Inc.
- Gossamer Bio received a Sept. 25, 2026 Nasdaq letter stating it regained compliance with Nasdaq Listing Rule 5450(a)(1) minimum bid price requirement.
- Nasdaq's April 8, 2026 letter had flagged noncompliance because GOSS common stock traded below $1.00 for 30 consecutive business days.
- Gossamer effected a 1-for-80 reverse stock split on Sept. 10, 2026, and GOSS began trading split-adjusted on Nasdaq on Sept. 11, 2026.
- The Nasdaq minimum bid price matter is now closed, according to the Sept. 25, 2026 letter.