STOCK TITAN

[8-K] Clearside Biomedical, Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K

Clearside Biomedical, Inc. disclosed that Nasdaq notified the company it was non-compliant with the exchange's minimum bid price rule because the company's common stock traded below $1.00 per share for the prior 30 consecutive business days. The company failed to regain compliance within the standard 180‑calendar day cure period ending on August 6, 2025, and Nasdaq advised on August 11, 2025 that the securities are subject to delisting unless a timely hearing is requested.

Clearside Biomedical, Inc. ha comunicato che Nasdaq l'ha informata che la società non è conforme alla regola sul prezzo minimo di offerta dell'exchange, poiché le sue azioni ordinarie sono scambiate al di sotto di $1.00 per azione nelle ultime 30 sedute lavorative consecutive. La società non è riuscita a ripristinare la conformità entro il periodo di correzione standard di 180 giorni di calendario che termina il 6 agosto 2025, e Nasdaq ha comunicato il 11 agosto 2025 che i titoli sono soggetti a delisting a meno che non venga tempestivamente richiesta un'udienza.

Clearside Biomedical, Inc. comunicó que Nasdaq informó a la empresa que no cumplía con la regla de precio mínimo de oferta de la bolsa porque sus acciones ordinarias se negociaron por debajo de $1.00 por acción durante los 30 días hábiles consecutivos anteriores. La compañía no logró recuperar el cumplimiento dentro del periodo de cure estándar de 180 días naturales que termina el 6 de agosto de 2025, y Nasdaq informó el 11 de agosto de 2025 que los valores están sujetos a retirar de listado a menos que se solicite una audiencia a tiempo.

Clearside Biomedical, Inc.Nasdaq가 회사에 보통주가 거래소의 최저 매수 가격 규정을 위반했다고 통지했다며, 보통주가 $1.00 미만으로 연속된 30영업일 동안 거래되었기 때문이라고 밝혔다. 회사는 2025년 8월 6일에 종료되는 표준 180일의 달력 기간의 시정 기간 내에 준수를 회복하지 못했고, Nasdaq는 2025년 8월 11일에 제때 청문회를 요청하지 않으면 주식이 상장폐지될 수 있음을 고지했다.

Clearside Biomedical, Inc. a annoncé que Nasdaq a informé la société qu'elle n'était pas conforme à la règle relative au prix d'offre minimum de l'échange, car ses actions ordinaires se négociaient en dessous de $1.00 par action au cours des 30 derniers jours ouvrables consécutifs. La société n'a pas réussi à rétablir la conformité dans la période standard de 180 jours calendaires qui se termine le 6 août 2025, et Nasdaq a informé le 11 août 2025 que les valeurs pourraient être radiées de la liste à moins qu'une audience soit demandée en temps utile.

Clearside Biomedical, Inc. hat bekannt gegeben, dass Nasdaq das Unternehmen darüber informiert hat, dass es nicht mit der Mindestpreis-Regel der Börse übereinstimmt, weil die Stammaktien des Unternehmens in den vorangegangenen 30 Handelstagen ununterbrochen unter $1.00 pro Aktie gehandelt wurden. Das Unternehmen konnte die Konformität innerhalb des standardmäßigen 180-Tage-Kalendertage-Korridors bis zum 6. August 2025 nicht wiederherstellen, und Nasdaq teilte am 11. August 2025 mit, dass die Wertpapiere dem Delisting unterliegen, es sei denn, rechtzeitig eine Anhörung beantragt wird.

Clearside Biomedical, Inc. كشفت أن Nasdaq أبلغت الشركة بأنها غير متوافقة مع قاعدة السعر الأدنى للطرح في البورصة لأن الأسهم العادية للشركة تم تداولها دون $1.00 للسهم لمدة 30 يوماً عملياً متتالية سابقة. فشلت الشركة في استعادة الامتثال ضمن فترة الإصلاح القياسية التي تبلغ 180 يوماً من أيام التقويم المنتهية في 6 أغسطس 2025، وأفاد 11 أغسطس 2025 بأن الأوراق المالية عرضة للإدراج السالب ما لم يتم طلب جلسة استماع في الوقت المناسب.

Clearside Biomedical, Inc. 披露称 纳斯达克 已通知公司,由于公司的普通股在前 30 个连续交易日的交易价格低于 $1.00,公司未符合交易所的最低买入价规则。该公司未能在结束于 2025年8月6日 的标准 180 日日历日 cure 期内恢复合规,且纳斯达克在 2025年8月11日 通知称,若未及时提出听证,证券可能被退市。

Positive
  • Disclosure provided to the market, ensuring regulatory transparency
  • Company retained the full 180‑calendar day cure period before Nasdaq escalation
Negative
  • Non‑compliance with Nasdaq Listing Rule 5450(a)(1) due to sub‑$1 trading for 30 consecutive business days
  • Failed to regain compliance by August 6, 2025, leading to a delisting notice dated August 11, 2025
  • Securities are subject to delisting absent a timely hearing or corrective action

Insights

Nasdaq issued a delisting notice after a prolonged sub‑$1 bid price.

The company failed to meet the Minimum Bid Price Requirement because the common stock closed under $1.00 for 30 consecutive business days, triggering the standard 180‑calendar day compliance period. Because the cure period expired on August 6, 2025 without restoration, Nasdaq followed with a delisting notification on August 11, 2025.

This puts continued listing at risk unless a hearing is requested; expect potential outcomes over the next weeks depending on whether a timely hearing or plan to regain compliance is submitted.

Disclosure of the notice is a routine governance step but signals elevated listing risk.

Publicly reporting the Nasdaq notice meets disclosure obligations and keeps shareholders informed. The notice itself does not declare a delisting final outcome but indicates the company must act to avoid removal.

Near term, shareholders should watch for a formal hearing request, a board-approved plan to regain compliance, or alternative listing actions; timing is likely in the coming weeks.

Clearside Biomedical, Inc. ha comunicato che Nasdaq l'ha informata che la società non è conforme alla regola sul prezzo minimo di offerta dell'exchange, poiché le sue azioni ordinarie sono scambiate al di sotto di $1.00 per azione nelle ultime 30 sedute lavorative consecutive. La società non è riuscita a ripristinare la conformità entro il periodo di correzione standard di 180 giorni di calendario che termina il 6 agosto 2025, e Nasdaq ha comunicato il 11 agosto 2025 che i titoli sono soggetti a delisting a meno che non venga tempestivamente richiesta un'udienza.

Clearside Biomedical, Inc. comunicó que Nasdaq informó a la empresa que no cumplía con la regla de precio mínimo de oferta de la bolsa porque sus acciones ordinarias se negociaron por debajo de $1.00 por acción durante los 30 días hábiles consecutivos anteriores. La compañía no logró recuperar el cumplimiento dentro del periodo de cure estándar de 180 días naturales que termina el 6 de agosto de 2025, y Nasdaq informó el 11 de agosto de 2025 que los valores están sujetos a retirar de listado a menos que se solicite una audiencia a tiempo.

Clearside Biomedical, Inc.Nasdaq가 회사에 보통주가 거래소의 최저 매수 가격 규정을 위반했다고 통지했다며, 보통주가 $1.00 미만으로 연속된 30영업일 동안 거래되었기 때문이라고 밝혔다. 회사는 2025년 8월 6일에 종료되는 표준 180일의 달력 기간의 시정 기간 내에 준수를 회복하지 못했고, Nasdaq는 2025년 8월 11일에 제때 청문회를 요청하지 않으면 주식이 상장폐지될 수 있음을 고지했다.

Clearside Biomedical, Inc. a annoncé que Nasdaq a informé la société qu'elle n'était pas conforme à la règle relative au prix d'offre minimum de l'échange, car ses actions ordinaires se négociaient en dessous de $1.00 par action au cours des 30 derniers jours ouvrables consécutifs. La société n'a pas réussi à rétablir la conformité dans la période standard de 180 jours calendaires qui se termine le 6 août 2025, et Nasdaq a informé le 11 août 2025 que les valeurs pourraient être radiées de la liste à moins qu'une audience soit demandée en temps utile.

Clearside Biomedical, Inc. hat bekannt gegeben, dass Nasdaq das Unternehmen darüber informiert hat, dass es nicht mit der Mindestpreis-Regel der Börse übereinstimmt, weil die Stammaktien des Unternehmens in den vorangegangenen 30 Handelstagen ununterbrochen unter $1.00 pro Aktie gehandelt wurden. Das Unternehmen konnte die Konformität innerhalb des standardmäßigen 180-Tage-Kalendertage-Korridors bis zum 6. August 2025 nicht wiederherstellen, und Nasdaq teilte am 11. August 2025 mit, dass die Wertpapiere dem Delisting unterliegen, es sei denn, rechtzeitig eine Anhörung beantragt wird.

0001539029false00015390292025-10-072025-10-07

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 07, 2025

 

 

Clearside Biomedical, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-37783

45-2437375

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

900 North Point Parkway

Suite 200

 

Alpharetta, Georgia

 

30005

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: (678) 270-3631

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $0.001 per share

 

CLSD

 

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


Item 8.01 Other Events.

On October 6, 2025, Clearside Biomedical, Inc. (the “Company”) received a letter from the Nasdaq Hearings Panel (the “Panel”) notifying the Company that it has regained compliance with the Minimum Bid Price Requirement (as defined below). Accordingly, the Panel determined that the Company has regained compliance with Nasdaq’s Listing Rules. To regain compliance with the Minimum Bid Price Requirement, the Company’s common stock was required to maintain a closing bid price of $1.00 per share or more for at least 10 consecutive business days.

As previously disclosed, on February 7, 2025, the Company received a notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was non-compliant with Nasdaq Listing Rule 5450(a)(1) for continued listing on the Nasdaq Global Market, as the minimum bid price of the Company’s common stock was less than $1.00 per share for the previous 30 consecutive business days (the “Minimum Bid Price Requirement”). As the Company did not regain compliance with the Minimum Bid Price Requirement within the 180-calendar day grace period set forth by Listing Rule 5810(c)(3)(A) by August 6, 2025, Nasdaq notified the Company by letter dated August 11, 2025, that the Company’s securities are subject to delisting from Nasdaq unless the Company timely requested a hearing before a Panel.

The Company submitted a timely request for a hearing before the Panel, which automatically stayed any suspension or delisting of the Company’s securities. On September 16, 2025, the Company attended its hearing before the Panel, during which it presented its plan to regain compliance with the Minimum Bid Price Requirement, which included the implementation of a stockholder-approved reverse stock split effective on September 12, 2025. As noted above, this matter is now closed since the Company is now compliant with all applicable Nasdaq continued listing rules.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: October 7, 2025

CLEARSIDE BIOMEDICAL, INC.

 

 

 

 

By:

/s/ Charles A. Deignan

Name:

Charles A. Deignan

Title:

Chief Financial Officer

 


FAQ

What did Clearside Biomedical (CLSD) disclose about Nasdaq compliance?

The company disclosed Nasdaq notified it of non‑compliance with the $1.00 minimum bid price after the stock traded below $1.00 for 30 consecutive business days.

When did the 180‑day compliance period end for CLSD?

The 180‑calendar day cure period expired on August 6, 2025 without restoration of the minimum bid price.

What action did Nasdaq take after the cure period expired?

Nasdaq notified the company by letter dated August 11, 2025 that the securities are subject to delisting unless the company requests a hearing.

Does the notice mean CLSD is already delisted?

No. The notice indicates the securities are subject to delisting; delisting is not final and depends on whether the company requests a hearing or takes corrective steps.

What are the near‑term items investors should expect?

Investors should expect a possible hearing request, a Nasdaq panel decision, or a company plan to regain compliance in the coming weeks.
Clearside Biomed

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Biotechnology
Pharmaceutical Preparations
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United States
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