Galmed Pharmaceuticals Faces Nasdaq Delisting Risk Over Minimum Bid Price

Reuters01-31

Galmed Pharmaceuticals Faces Nasdaq Delisting Risk Over Minimum Bid Price

Galmed Pharmaceuticals Ltd. has received a notification from Nasdaq indicating that the company is not in compliance with the minimum bid price requirement for continued listing, which mandates listed securities to maintain a minimum bid price of $1.00 per share. If Galmed is unable to regain compliance within the specified 180-day period, its ordinary shares may be subject to delisting from the Nasdaq Capital Market. This notice currently has no immediate effect on the company's listing or trading status.

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. Galmed Pharmaceuticals Ltd. published the original content used to generate this news brief via PR Newswire (Ref. ID: LN74349) on January 30, 2026, and is solely responsible for the information contained therein.

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