Tempest Therapeutics Inc. is facing a regulatory issue related to its continued listing on the Nasdaq Stock Market. The company failed to hold its annual meeting of stockholders within twelve months of the end of its fiscal year on December 31, 2024, which is a requirement under Nasdaq Listing Rules 5620(a) and 5810(c)(2)$(G)$. As a result, Nasdaq has notified Tempest Therapeutics of its non-compliance. The company has 45 days from January 8, 2026, to regain compliance or submit a plan to do so, and could be granted up to 180 days from the fiscal year end to resolve the issue. Holding the scheduled 2025 Annual Meeting would bring the company back into compliance with Nasdaq requirements.
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. Tempest Therapeutics 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: 0001193125-26-008938), on January 09, 2026, and is solely responsible for the information contained therein.
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