Elutia Inc. has announced that it received a notice from the Nasdaq Stock Market stating that its Class A common stock has closed below the $1.00 minimum bid price required for continued listing for the past 30 consecutive business days. The company now has 180 calendar days, until May 6, 2026, to regain compliance by having its stock close at or above $1.00 per share for at least ten consecutive business days. If Elutia does not regain compliance within this period, it may be eligible for an additional 180-day extension if it meets other listing requirements and notifies Nasdaq of its intent to resolve the deficiency, potentially through a reverse stock split. Failure to comply could result in the stock being delisted from Nasdaq.
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. Elutia 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: 0001104659-25-109699), on November 12, 2025, and is solely responsible for the information contained therein.
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