Aprea Therapeutics gets more time to meet Nasdaq rule
Rhea-AI Filing Summary
Aprea Therapeutics, Inc. received a notification from Nasdaq on July 23, 2026 that it qualifies for an additional 180-day Second Compliance Period, through January 19, 2027, to regain compliance with the Nasdaq Capital Market Minimum Bid Price Requirement of at least $1.00 per share under Listing Rule 5550(a)(2).
The company had previously been given until July 22, 2026 to restore compliance after its common stock fell below the $1.00 minimum bid price. If at any time during the Second Compliance Period the closing bid price of the common stock is at least $1.00 per share for a minimum of 10 consecutive business days, Nasdaq will confirm compliance. If compliance is not demonstrated by January 19, 2027, Nasdaq states it will issue a notice of delisting, which Aprea could then appeal to a hearings panel.
Positive
- None.
Negative
- Risk of Nasdaq delisting if Aprea has not met the $1.00 minimum bid price requirement for 10 consecutive business days by January 19, 2027, after which Nasdaq indicates it will issue a delisting notice.
8-K Event Classification
Key Figures
Key Terms
Minimum Bid Price Requirement regulatory
Nasdaq Listing Rule 5550(a)(2) regulatory
Nasdaq Listing Rule 5810(c)(3)(A) regulatory
Second Compliance Period regulatory
FAQ
What did Aprea Therapeutics (APRE) report about its Nasdaq listing status?
Until when does Aprea Therapeutics (APRE) have to regain Nasdaq bid price compliance?
What is the Nasdaq minimum bid price requirement affecting Aprea Therapeutics (APRE)?
What happens if Aprea Therapeutics (APRE) does not meet Nasdaq’s bid price rule by January 19, 2027?
Why did Aprea Therapeutics (APRE) originally receive a Nasdaq deficiency notice?
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