Genprex Faces Nasdaq Delisting Risk Over Compliance Shortfalls

Reuters11-26
Genprex Faces Nasdaq Delisting Risk Over Compliance Shortfalls

Genprex Inc. is facing regulatory challenges related to its continued listing on the Nasdaq Capital Market. The company has been notified by the Nasdaq Hearings Panel that it has until October 31, 2025, to regain compliance with the $1.00 minimum bid price requirement and the minimum stockholders' equity requirement as set forth in Nasdaq Listing Rules 5550(a)(2) and 5550(b)(1). Genprex has indicated that it may need to raise additional capital to meet these requirements, but there is no assurance that such financing will be available or sufficient to resolve the deficiencies. Failure to comply with these rules could result in the delisting of Genprex's common stock from Nasdaq.

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