Ironwood Pharmaceuticals Faces Nasdaq Delisting Risk Over Minimum Bid Price Non-Compliance

Reuters
04 Jun
Ironwood Pharmaceuticals Faces Nasdaq Delisting Risk Over Minimum Bid Price Non-Compliance

Ironwood Pharmaceuticals Inc. has announced that it received a deficiency letter from the Nasdaq Stock Market LLC on May 28, 2025, indicating that the company's Class A common stock has not met the $1.00 per share minimum bid price requirement for the past 30 consecutive business days. This deficiency does not immediately affect the listing of the company's securities on Nasdaq. Ironwood has until November 24, 2025, to regain compliance by ensuring the stock price closes at $1.00 or more for at least 10 consecutive business days. The company is monitoring the situation and considering options to address the issue, though there is no guarantee of regaining compliance.

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. Ironwood Pharmaceuticals Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-055958), on June 03, 2025, and is solely responsible for the information contained therein.

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