On July 16, 2026, Nasdaq notified the company that it determined to delist its common stock and warrants based on discretionary authority under Rule 5101 and alleged violations of Listing Rules 5205(e) and 5250(a)(1). The company intends to appeal by July 23, 2026; a timely appeal would stay any suspension but the current trading halt will remain. There is no assurance of success, and a unanimous adverse decision could result in immediate delisting.
Original SEC Filing:
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