Adial Pharmaceuticals announced on July 16, 2025, that it received notice from Nasdaq on July 14, 2025, confirming compliance with Nasdaq Listing Rule 5550(b)(1). This rule requires listed companies to maintain stockholders' equity of at least $2,500,000.
The company's President and CEO, Cary Claiborne, stated that regaining compliance is a key step in reinforcing investor confidence and supporting the company's long-term growth strategy. This reflects Adial's commitment to disciplined financial management.
Maintaining Nasdaq listing compliance is crucial for Adial, a clinical-stage biopharmaceutical company. It ensures continued access to public markets for financing and enhances the company's visibility and credibility among investors as it advances its pipeline.
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