RenovoRx Faces Nasdaq Delisting Risk Over Minimum Bid Price Compliance

Reuters01-03

RenovoRx Faces Nasdaq Delisting Risk Over Minimum Bid Price Compliance

RenovoRx Inc. has received a deficiency notice from the Nasdaq Stock Market for failing to maintain the minimum $1.00 bid price required for continued listing on the Nasdaq Capital Market. The company's stock traded below this threshold for 32 consecutive business days, prompting the notice. RenovoRx has until June 30, 2026, to regain compliance by achieving a closing bid price of at least $1.00 per share for ten consecutive business days. If the company does not meet this requirement, it may be eligible for an additional 180-day compliance period, provided it meets other listing standards and notifies Nasdaq of its intentions to cure the deficiency, potentially through a reverse stock split. Failure to comply could result in delisting, though the company would have the right to appeal. The notice does not have an immediate effect on the company’s stock 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. RenovoRx 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: 0001493152-26-000113), on January 02, 2026, 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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The company's stock traded below this threshold for 32 consecutive business days, prompting the notice. RenovoRx has until June 30, 2026, to regain compliance by achieving a closing bid price of at least $1.00 per share for ten consecutive business days. If the company does not meet this requirement, it may be eligible for an additional 180-day compliance period, provided it meets other listing standards and notifies Nasdaq of its intentions to cure the deficiency, potentially through a reverse stock split. Failure to comply could result in delisting, though the company would have the right to appeal. The notice does not have an immediate effect on the company’s stock listing.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n<i>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. 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ID: 0001493152-26-000113), on January 02, 2026, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4139","symbol_name":"生物科技","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260102:nNDL53HSlL:1","article_id":"2600980830","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2600980830","pubTimestamp":1767388280,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"RenovoRx Inc. has received a deficiency notice from the Nasdaq Stock Market for failing to maintain the minimum $1.00 bid price required for continued listing on the Nasdaq Capital Market. 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