Nasdaq Moves to Delist Salarius Pharmaceuticals Over Minimum Bid Price Violation

Reuters01-03 06:15
Nasdaq Moves to Delist Salarius Pharmaceuticals Over Minimum Bid Price Violation

Salarius Pharmaceuticals Inc. is facing potential delisting from the Nasdaq Capital Market after receiving notice that its common stock has failed to meet the minimum bid price requirement of $1.00 for 30 consecutive business days. Due to a recent reverse stock split, the company is not eligible for the usual 180-day compliance period and must appeal the decision to a Nasdaq Hearings Panel by January 7, 2026, to avoid suspension of its securities. There is no assurance that Salarius will successfully regain compliance or maintain its Nasdaq listing.

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. Salarius Pharmaceuticals 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: 0001615219-26-000005), on January 02, 2026, and is solely responsible for the information contained therein.

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