Talphera Inc. Faces Potential Delisting from Nasdaq On June 5, 2025, Talphera Inc. announced it received a written notice from the Nasdaq Stock Market's Listing Qualifications Staff, granting the company an additional 180 days, until December 1, 2025, to comply with the $1.00 minimum bid price requirement per share as per Nasdaq Listing Rule 5550(a)(2). The company's stock had previously closed below this threshold for 30 consecutive business days, prompting the initial warning. Talphera's stock was transferred to The Nasdaq Capital Market on May 30, 2025, following the company's failure to meet the criteria for The Nasdaq Global Select Market. The company is considering measures, including a potential reverse stock split, to address the deficiency. Failure to comply by the deadline could result in delisting, although Talphera would have the option to appeal the decision.
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