PharmaCyte Biotech Faces Nasdaq Delisting Risk Over Bid Price Rule Compliance

Reuters12-06 06:01

<a href="https://laohu8.com/S/PMCB">PharmaCyte Biotech</a> Faces Nasdaq Delisting Risk Over Bid Price Rule Compliance

PharmaCyte Biotech Inc. has received a notice from the Nasdaq Stock Market indicating non-compliance with the minimum bid price requirement of $1.00 per share, as outlined in Nasdaq Listing Rule 5550(a)(2). The company now has 180 calendar days, until June 1, 2026, to regain compliance by maintaining a closing bid price of at least $1.00 per share for a minimum of 10 consecutive business days. If compliance is not achieved within this period, PharmaCyte may be eligible for an additional 180-day extension if other initial listing requirements are met. Failure to regain compliance could result in the company's securities being delisted from the Nasdaq Capital Market. The notice does not affect the company's business operations or its SEC reporting obligations.

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. PharmaCyte Biotech 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: 0001683168-25-008947), on December 05, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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