Aptorum Group Limited announced on April 16, 2025, that it received a notification from the Nasdaq Stock Market LLC, dated April 15, 2025. This notification indicated non-compliance with Nasdaq Listing Rule 5550(a)(2), which requires a minimum bid price of $1 per share.
The notification does not immediately affect the listing or trading of the company’s shares on Nasdaq. Aptorum Group Limited has been granted a 180-calendar-day grace period, extending until October 14, 2025, to regain compliance with the continued listing requirements.
The company stated its intention to evaluate all available options to restore compliance within the stipulated timeframe, including the possibility of a reverse stock split if deemed necessary. Maintaining its Nasdaq listing is a stated commitment for Aptorum Group.
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