Biofrontera Inc. has received a notice from the Nasdaq Stock Market LLC indicating that the company is not in compliance with Nasdaq Listing Rule 5550(a)(2), which requires listed companies to maintain a minimum closing bid price of $1.00 per share. The company's stock has traded below this threshold for 34 consecutive business days. Biofrontera has until June 30, 2026, to regain compliance, which would require its stock to close at or above $1.00 per share for at least 10 consecutive business days. If the company fails to meet this requirement within the given period, it may be eligible for an additional compliance period if it meets certain other criteria, or it could face delisting from the Nasdaq Capital Market. Biofrontera is monitoring the situation and considering its options to resolve the deficiency.
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. Biofrontera 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: 0001493152-26-000823), on January 07, 2026, and is solely responsible for the information contained therein.
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