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Biodexa Pharmaceuticals | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Biodexa Pharmaceuticals | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

Biodexa Pharmaceuticals | 6-K:外国发行人报告
美股SEC公告 ·  08/30 16:43

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Biodexa Pharmaceuticals PLC, a clinical stage biopharmaceutical company listed on NASDAQ under the ticker BDRX, has received a Staff Determination letter from Nasdaq on August 27, 2024, indicating the company's securities are at risk of delisting. The reason cited is a closing bid price below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Biodexa is ineligible for the usual 180-day compliance period due to prior reverse stock splits with a cumulative ratio exceeding 250 to one. The company plans to appeal the decision by requesting a hearing before a Hearings Panel, which will stay any suspension or delisting actions until the hearing and any subsequent extension period concludes. Biodexa specializes in developing treatments for diseases with unmet medical needs, with key programs including eRapa for Familial Adenomatous Polyposis and Non-Muscle Invasive Bladder Cancer, tolimidone for type 1 diabetes, and MTX110 for rare/orphan brain cancer. The company is headquartered in Cardiff, UK, and emphasizes its commitment to innovative drug delivery technologies.
Biodexa Pharmaceuticals PLC, a clinical stage biopharmaceutical company listed on NASDAQ under the ticker BDRX, has received a Staff Determination letter from Nasdaq on August 27, 2024, indicating the company's securities are at risk of delisting. The reason cited is a closing bid price below $1.00 for 30 consecutive business days, violating Nasdaq Listing Rule 5550(a)(2). Biodexa is ineligible for the usual 180-day compliance period due to prior reverse stock splits with a cumulative ratio exceeding 250 to one. The company plans to appeal the decision by requesting a hearing before a Hearings Panel, which will stay any suspension or delisting actions until the hearing and any subsequent extension period concludes. Biodexa specializes in developing treatments for diseases with unmet medical needs, with key programs including eRapa for Familial Adenomatous Polyposis and Non-Muscle Invasive Bladder Cancer, tolimidone for type 1 diabetes, and MTX110 for rare/orphan brain cancer. The company is headquartered in Cardiff, UK, and emphasizes its commitment to innovative drug delivery technologies.
Biodexa制药公司是一家在纳斯达克上市的临床阶段生物制药公司,股票代号为BDRX,已于2024年8月27日收到纳斯达克的工作人员决定函,表明公司的证券面临退市风险。原因是连续30个营业日的收盘买盘价格低于1.00美元,违反了纳斯达克交易所5550(a)(2)条例。由于此前反向拆股并股的累计比例超过250比一,Biodexa不符合通常的180天合规期。公司计划通过请求听证面前的听证会来提出上诉,听证会将暂停任何停牌或退市行动,直到听证会及任何后续延期期满。Biodexa专门致力于开发满足医疗需求的疾病治疗方案,重点项目包括用于家族性腺瘤病和非肌层侵犯性膀胱癌的eRapa,用于1型糖尿病的tolimidone,以及用于罕见/孤儿性脑癌的MTX110。公司总部位于英国卡迪夫,强调其对创新药物传递技术的承诺。
Biodexa制药公司是一家在纳斯达克上市的临床阶段生物制药公司,股票代号为BDRX,已于2024年8月27日收到纳斯达克的工作人员决定函,表明公司的证券面临退市风险。原因是连续30个营业日的收盘买盘价格低于1.00美元,违反了纳斯达克交易所5550(a)(2)条例。由于此前反向拆股并股的累计比例超过250比一,Biodexa不符合通常的180天合规期。公司计划通过请求听证面前的听证会来提出上诉,听证会将暂停任何停牌或退市行动,直到听证会及任何后续延期期满。Biodexa专门致力于开发满足医疗需求的疾病治疗方案,重点项目包括用于家族性腺瘤病和非肌层侵犯性膀胱癌的eRapa,用于1型糖尿病的tolimidone,以及用于罕见/孤儿性脑癌的MTX110。公司总部位于英国卡迪夫,强调其对创新药物传递技术的承诺。
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