Processa Pharmaceuticals (NASDAQ: PCSA) regains Nasdaq bid rule compliance
Rhea-AI Filing Summary
Processa Pharmaceuticals, Inc. reported that on January 6, 2026 it received written notice from the Nasdaq Stock Market staff that the company has regained compliance with the $1.00 minimum closing bid price requirement for continued listing on the Nasdaq Capital Market under Listing Rule 5550(a)(2). Nasdaq indicated that the bid-price deficiency matter is now closed, meaning the company’s common stock remains eligible to trade on the Nasdaq Capital Market under its existing listing standard.
Positive
- Regained compliance with Nasdaq’s $1.00 minimum closing bid price requirement for continued listing on the Nasdaq Capital Market, and Nasdaq has closed the bid-price deficiency matter.
Negative
- None.
Insights
Nasdaq confirms Processa is back in compliance with its $1.00 bid rule.
Processa Pharmaceuticals disclosed that Nasdaq’s Listing Qualifications Staff notified the company on
This type of notice removes an active bid-price deficiency issue, which can otherwise lead to delisting if not cured within specified timeframes. Keeping the common stock on the Nasdaq Capital Market helps preserve trading continuity and access to that exchange’s investor base, based on the information provided.
Future company communications and periodic reports will show whether the share price continues to meet Nasdaq’s ongoing standards, but this notice confirms that, as of the stated date, the company satisfied the minimum bid requirement for continued listing.