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LakeShore Biopharma (Nasdaq: LSB) announced its transition from Nasdaq to the OTC Pink Open Market effective September 22, 2025. The company's ordinary shares and warrants will trade under the new symbols "LSBCF" and "LSBWF" respectively.
The delisting from Nasdaq follows a determination letter received on September 11, 2025, citing non-compliance with the minimum bid price requirement and ineligibility for a compliance period due to a previous reverse stock split. Despite the market transition, LakeShore Biopharma maintains its SEC reporting status and business operations remain unchanged.
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