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Curis faces Nasdaq delisting after 1-for-20 split

A timely hearing request would stay further delisting actions, but Curis says the appeal may not succeed and continued Nasdaq listing is not assured.

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
8-K

Rhea-AI Filing Summary

Curis, Inc. received a Nasdaq staff determination letter on November 2, 2026, stating that its common stock had closed below the $1.00 per-share minimum bid price for 30 consecutive business days. Curis effected a 1-for-20 reverse stock split on July 6, 2026, and Nasdaq rules make the company ineligible for a compliance period after a reverse split within the prior year.

Curis is also subject to a one-year Discretionary Panel Monitor following a July 24, 2026 Panel decision. The company intends to request a new hearing, which will stay further delisting actions, but says there is no assurance the appeal will succeed or that it will remain listed on Nasdaq.

0 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

1 major · 1 point

How the balance works

Positive

  • None.

Negative

  • Major pointNasdaq's notice followed 30 consecutive business days below the $1.00 bid minimum.
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing Securities
The company received a delisting notice, failed to satisfy a continued-listing rule or standard, or transferred its listing.
Minimum bid price $1.00 per share Nasdaq continued-listing requirement
Consecutive business days below minimum bid 30 consecutive business days Period cited in Nasdaq's determination letter
Reverse stock split 1-for-20 Effective July 6, 2026
Discretionary Panel Monitor One year Following the Panel's July 24, 2026 decision
Bid Price Rule regulatory
"the “Bid Price Rule”"
Discretionary Panel Monitor regulatory
"subject to a Discretionary Panel Monitor"
A discretionary panel monitor is a compliance mechanism—either a small oversight group or a software tool—that reviews and checks trades made at a manager’s discretion to ensure they follow investment rules, risk limits and client instructions. For investors it matters because this watchdog helps prevent unauthorized or risky decisions, reduces the chance of loss or regulatory penalties, and protects trust much like a referee or speed governor keeps a game or machine within safe limits.
compliance period regulatory
"not eligible for any compliance period"
A compliance period is a defined stretch of time during which a company must meet specific legal, regulatory, or contractual rules and reporting requirements. Think of it like a scheduled inspection window or a homework deadline: failing to satisfy the rules within that window can trigger fines, restrictions, or extra oversight, so investors watch compliance periods as signals of near-term legal risk, potential costs, and impacts on a company’s operations or cash flow.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did CRIS receive a Nasdaq delisting notice?

Nasdaq staff said Curis's common stock closed below the $1.00 per-share minimum bid price for continued listing for 30 consecutive business days, prompting a determination letter dated November 2, 2026.

What is Curis doing about Nasdaq's delisting determination?

Curis intends to make a timely request for a new hearing before the initial Panel or a newly convened Panel if the initial Panel is unavailable. The request will stay further delisting actions, but Curis said there is no assurance the appeal will succeed or that it will remain listed on Nasdaq.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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): November 2, 2026

 

Curis, Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware000-3034704-3505116
(State or Other Jurisdiction of 
Incorporation)
(Commission File
Number)
(I.R.S. Employer Identification
Number)

 

128 Spring Street, Building C - Suite 500, Lexington, MA 02421

(Address of Principal Executive Offices) (Zip Code)

 

(617) 503-6500

(Registrant’s telephone number, including area code)

Not Applicable

(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   Name of each exchange on which registered
Common Stock, Par Value $0.01 per share   CRIS   Nasdaq Capital Market

 

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 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

 

On November 2, 2026, Curis, Inc. (the “Company”) received a letter (the “Delist Determination Letter”) from the Listing Qualifications Staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that, for the last 30 consecutive business days, the bid price for the Company’s common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Bid Price Rule”). As the Company effected a 1-for-20 reverse stock split on July 6, 2026, the Company is not eligible for any compliance period specified in Rule 5810(c)(3)(A) due to the fact that, pursuant to Listing Rule 5810(c)(3)(A)(iv), the Company has effected a reverse stock split over the prior one-year period or has effected one or more reverse stock splits over the prior two-year period with a cumulative ratio of 250 shares or more to one. Additionally, following the Nasdaq Hearings Panel’s (the “Panel”) decision, dated July 24, 2026, the Company is subject to a Discretionary Panel Monitor under Listing Rule 5815(d)(4)(A) for a period of one year (the “Panel Monitor”). The Company intends to make a timely request for a new hearing with the initial Panel or a newly convened Panel if the initial Panel is unavailable, which will stay any further delisting actions. However, there can be no assurance that such appeal will be successful or that the Company will remain listed on Nasdaq.

 

Cautionary Note Regarding Forward-Looking Statements

 

This Current Report on Form 8-K contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, any statements with respect to the Company’s intent to appeal the Delist Determination Letter, ability to receive a hearing with any Panel or its ability to suspend or delay its delisting from Nasdaq. Forward-looking statements may contain the words "believes," "expects," "anticipates," "plans," "intends," "seeks," "estimates," "assumes," "predicts," "projects," "targets," "will," "may," "would," "could," "should," "continue," "potential," "focus," "strategy," "mission," or similar expressions. Actual results may differ materially from those indicated by such forward-looking statements. Important factors that could cause actual results to differ materially from those in these forward-looking statements include, but are not limited to, risks referenced in Item 1A, “Risk Factors” of Part I of the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, as such factors may be updated from time to time in other filings that the Company periodically makes with the SEC including, but not limited to the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2026. In addition, any forward-looking statements represent the views of the Company only as of the date of this Current Report on Form 8-K and should not be relied upon as representing the Company’s views as of any subsequent date. The Company disclaims any intention or obligation to update any of the forward-looking statements after the date of this Current Report on Form 8-K whether as a result of new information, future events or otherwise, except as may be required by law.

  

 

 

 

SIGNATURE

 

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.

 

    Curis, Inc.
     
Date: November 6, 2026 By: /s/ Diantha Duvall
      Diantha Duvall
      Chief Financial Officer

 

 

 

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