Plus Therapeutics announced on May 23, 2025, that it received a delinquency notification letter from Nasdaq on May 21, 2025. The notice indicated non-compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of the company’s Quarterly Report on Form 10-Q for the period ended March 31, 2025.
The Nasdaq Listing Rule requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission. This notification has no immediate effect on the listing of the company’s securities on Nasdaq.
Nasdaq has informed the company that it must submit a plan to regain compliance with respect to the filing requirement by July 21, 2025. If the plan is accepted, Nasdaq can grant an exception of up to 180 calendar days, or until November 17, 2025, to regain compliance.
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