DelistingMay 15, 2026, 04:26 PM
Enlivex Receives Nasdaq Minimum Bid Price Notification
AI Summary
Enlivex Ltd. announced it received a notice from Nasdaq Stock Market LLC for not meeting the $1.00 minimum bid price requirement over the past 30 consecutive business days. The company has an initial 180-calendar-day period, until November 9, 2026, to regain compliance by having its ordinary shares trade at or above $1.00 for at least 10 consecutive business days. Failure to comply could lead to delisting, though an additional 180-day period may be granted under certain conditions. The notice does not immediately affect the company's Nasdaq listing or operations.
Key Highlights
- Received Nasdaq notice for non-compliance with the $1.00 minimum bid price requirement (Rule 5550(a)(2)).
- The closing bid price did not meet $1.00 for 30 consecutive business days prior to the notice date.
- Enlivex has an initial 180-calendar-day period, until November 9, 2026, to regain compliance.
- To comply, the ordinary shares must close at or above $1.00 for a minimum of 10 consecutive business days.
- An additional 180-day compliance period may be granted if certain conditions are met, potentially involving a reverse stock split.
- The notice has no immediate effect on the company's Nasdaq listing, trading, or business operations.
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Price Impact
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