Matinas BioPharma receives NYSE American noncompliance notice over listing standards

Reuters04-04 05:00
<a href="https://laohu8.com/S/MTNB">Matinas BioPharma</a> receives NYSE American noncompliance notice over listing standards
  • Matinas BioPharma received an NYSE American non-compliance notice tied to continued listing standards for stockholders’ equity following losses over fiscal years ended through Dec. 31, 2025.
  • Stockholders’ equity stood at $4.83 million as of Dec. 31, 2025, below requirement for issuers with losses in each of past five fiscal years.
  • Company must submit a compliance plan by May 2, 2026, with up to an 18-month cure period if NYSE American accepts it.
  • Shares remain listed during review period, with delisting proceedings possible if plan is rejected.
  • Audit report for year ended Dec. 31, 2025 included a going-concern paragraph, triggering required NYSE American disclosure.


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. Matinas BioPharma Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604031700PRIMZONEFULLFEED9683925) on April 03, 2026, and is solely responsible for the information contained therein.

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