Liminatus Pharma Inc. has received a notice from the Nasdaq Listing Qualifications Department indicating that the company is no longer in compliance with the Nasdaq Listing Rule 5450(a)(1), which requires listed securities to maintain a minimum bid price of $1 per share. The company’s common stock has closed below this threshold for 30 consecutive business days. Liminatus has been given 180 calendar days, until July 14, 2026, to regain compliance, which can be achieved if the closing bid price meets or exceeds $1 for at least ten consecutive business days. If necessary, the company may implement a reverse stock split to meet the requirement. Failure to regain compliance could result in delisting from Nasdaq, though additional time to comply may be available.
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. Liminatus Pharma 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: 0001104659-26-006619), on January 26, 2026, and is solely responsible for the information contained therein.