Exicure Granted Extension by Nasdaq to Regain Compliance
Exicure (NASDAQ:XCUR) has been granted an extension until December 2, 2026, by Nasdaq to regain compliance with listing requirements. The company must maintain at least $2.5 million in stockholders’ equity under the rule it is currently failing. Exicure previously failed alternative standards based on market value of listed securities or net income. If Exicure fails to meet these requirements within the extended timeframe, delisting proceedings could begin. However, the company retains the right to appeal any decision before a Nasdaq Hearings Panel.
Topics: delisting risk Nasdaq stockholders' equity