GT Biopharma Faces Nasdaq Delisting Risk Over Minimum Bid Price Compliance

Reuters11-27
GT Biopharma Faces Nasdaq Delisting Risk Over Minimum Bid Price Compliance

GT Biopharma Inc. has received a notice from the Nasdaq Stock Market indicating that its common stock has closed below the $1 minimum bid price requirement for 30 consecutive business days, putting the company out of compliance with Nasdaq Listing Rule 5550(a)(2). The company has been granted a 180-day period until May 19, 2026, to regain compliance by achieving a closing bid price of at least $1 per share for ten consecutive business days. If compliance is not regained within this period, GT Biopharma may be eligible for an additional 180-day extension, subject to meeting other listing requirements. Failure to comply could result in the delisting of the company's stock from the Nasdaq Capital Market.

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. GT Biopharma 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: 0001493152-25-025162), on November 26, 2025, and is solely responsible for the information contained therein.
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