Neumora Therapeutics Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Minimum Bid Price Requirement

Reuters
17 May
Neumora <a href="https://laohu8.com/S/LENZ">Therapeutics</a> Inc. Faces Nasdaq Delisting Risk Due to Non-Compliance with Minimum Bid Price Requirement

Neumora Therapeutics Inc. has announced a regulatory issue concerning its Nasdaq listing. On May 14, 2025, the company received a notice from The Nasdaq Stock Market LLC indicating that it is not in compliance with the minimum bid price requirement of $1.00 per share, as outlined in Nasdaq Listing Rule 5450(a)(1). Neumora has 180 days, until November 10, 2025, to regain compliance by maintaining a closing bid price of at least $1.00 per share for ten consecutive business days. Failure to meet this requirement could lead to potential delisting, although the company may apply for additional time by transferring to The Nasdaq Capital Market. Neumora is considering options to address the issue, including a reverse stock split, which requires stockholder approval.

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