regulatory
confidence high
sentiment negative
materiality 0.85
Lunai Bioworks Inc. (LNAI): Nasdaq/NYSE listing notice — Lunai Bioworks receives Nasdaq delisting notice; appeals hearing requested
Lunai Bioworks Inc.
- Notice received Feb 6, 2026: bid price closed below $1.00 for 30 consecutive business days through Feb 5, 2026.
- Ineligible for 180-day compliance period due to 1-for-10 reverse stock split on Sep 30, 2025 (Nasdaq Rule 5810(c)(3)(A)(iv)).
- Suspension and Form 25 filing scheduled for Feb 18, 2026 unless hearing request stays action.
- Company timely requested hearing before Nasdaq Hearings Panel by Feb 13, 2026; outcome uncertain.
- Delisting would deregister securities under Section 12(b) of Exchange Act.