Nasdaq orders Iterum Therapeutics delisting for sub-$1 bid price

Reuters03-03 06:01

Nasdaq orders Iterum <a href="https://laohu8.com/S/LENZ">Therapeutics</a> delisting for sub-$1 bid price

Iterum Therapeutics plc said it received a Nasdaq delisting determination for failing to meet the exchange’s $1.00 minimum bid price requirement, with trading suspension and delisting set for March 5, 2026 unless it appeals. The company also remains below Nasdaq’s $35 million minimum market value of listed securities threshold and warned it is evaluating strategic alternatives that could include a wind-down or bankruptcy, and may later seek to suspend SEC reporting obligations.

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. Iterum Therapeutics plc 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: 0001193125-26-085646), on March 02, 2026, and is solely responsible for the information contained therein.

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