SCYNEXIS Granted Nasdaq Extension to Regain Minimum Bid Price Compliance

Reuters12-22 21:03

SCYNEXIS Granted Nasdaq Extension to Regain Minimum Bid Price Compliance

SCYNEXIS Inc. is currently addressing a regulatory compliance issue related to the Nasdaq minimum bid price requirement. The company has been granted a 180-day extension by Nasdaq to raise its share price to at least $1.00 per share for a minimum of ten consecutive business days. Failure to meet this requirement could impact SCYNEXIS’s continued listing on the Nasdaq Capital Market. The company has stated its intention to take all necessary actions, including a potential reverse stock split, to regain compliance within the extension period. No other regulatory issues or tariffs are mentioned as impacting the company at this time.

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. SCYNEXIS Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9605548) on December 22, 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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