DelistingMay 8, 2026, 04:24 PM
Aditxt Receives Nasdaq Delisting Notice; Ineligible for Compliance Period
AI Summary
Aditxt, Inc. received a Staff Determination letter from Nasdaq on May 6, 2026, notifying the company of its securities' delisting from The Nasdaq Capital Market. The delisting is due to the company's failure to maintain a minimum bid price of $1.00 per share for 30 consecutive business days, from March 24 to May 5, 2026. Aditxt is not eligible for the standard 180-day compliance period due to prior reverse stock splits. The company plans to appeal the determination by requesting a hearing with a Nasdaq Hearings Panel, which will temporarily stay delisting actions.
Key Highlights
- Aditxt received a Nasdaq Staff Determination letter on May 6, 2026.
- Nasdaq determined to delist Aditxt's securities from The Nasdaq Capital Market.
- Company failed to maintain $1.00 minimum bid price for 30 consecutive business days.
- Non-compliance period was from March 24, 2026, through May 5, 2026.
- Aditxt is ineligible for 180-day compliance period due to prior reverse stock splits.
- Company plans to request a hearing before a Nasdaq Hearings Panel to appeal.
- A timely hearing request will stay further delisting actions.