Tharimmune Faces Nasdaq Noncompliance Over Board Independence

Reuters05:11

Tharimmune Faces Nasdaq Noncompliance Over Board Independence

Tharimmune Inc. has received a notification from the Nasdaq Stock Market regarding its failure to comply with Nasdaq Listing Rule 5605, which mandates that a majority of the company's Board of Directors be independent. The noncompliance followed recent board resignations, resulting in the company lacking the required number of independent directors. Nasdaq has granted Tharimmune a cure period, giving the company until its next annual shareholders' meeting or November 6, 2026, to regain compliance. Tharimmune plans to address the issue by seeking shareholder approval to elect two additional independent directors at a special meeting scheduled for January 30, 2026, which is expected to restore compliance with the listing 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. Tharimmune 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: 0001493152-26-002421), on January 15, 2026, and is solely responsible for the information contained therein.

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