Azitra Inc. (NYSE American: AZTR), a clinical-stage biopharmaceutical company specializing in precision dermatology, announced that it has received a notice of non-compliance from the NYSE American stock exchange. The notice states that Azitra does not meet the continued listing requirement of maintaining at least $4 million in stockholders' equity, as outlined in Section 1003(a)(ii) of the NYSE American Company Guide, due to reported net losses in three of its last four fiscal years. Azitra has until October 31, 2025, to submit a plan to the exchange outlining steps to regain compliance by April 1, 2027. The notice does not immediately affect the trading or listing of Azitra's shares, nor its business operations or SEC reporting requirements. Azitra is currently exploring multiple funding options to address the issue.
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. Azitra Inc. 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: 0001493152-25-016887), on October 03, 2025, and is solely responsible for the information contained therein.
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