Rallybio Corporation Faces Nasdaq Delisting Threat; Granted Extension to Regain Compliance with Minimum Bid Price Requirement

Reuters08-30

Rallybio Corporation Faces Nasdaq Delisting Threat; Granted Extension to Regain Compliance with Minimum Bid Price Requirement

Rallybio Corporation has announced that it received a notification from The Nasdaq Stock Market indicating that its shares have not met the minimum closing bid price requirement of $1.00 per share for 30 consecutive business days. As a result, Rallybio was given until August 25, 2025, to regain compliance but failed to do so. However, Nasdaq has approved a transfer of Rallybio's listing to the Nasdaq Capital Market, granting the company an additional 180 days, until February 23, 2026, to meet the requirement. Rallybio plans to monitor its stock price closely and is considering options such as a reverse stock split to regain compliance. If the company fails to meet the requirement by the new deadline, it risks delisting but can appeal the decision.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rallybio Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-25-192749), on August 29, 2025, and is solely responsible for the information contained therein.

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As a result, Rallybio was given until August 25, 2025, to regain compliance but failed to do so. However, Nasdaq has approved a transfer of Rallybio's listing to the Nasdaq Capital Market, granting the company an additional 180 days, until February 23, 2026, to meet the requirement. Rallybio plans to monitor its stock price closely and is considering options such as a reverse stock split to regain compliance. If the company fails to meet the requirement by the new deadline, it risks delisting but can appeal the decision.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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