RedHill Biopharma gets 180-day Nasdaq extension
RedHill Biopharma Ltd. received Nasdaq’s notice on October 6, 2026, granting an additional 180 calendar days, through April 5, 2027, to regain compliance with the $1.00 per-share minimum bid-price requirement.
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Rhea-AI Filing Summary
RedHill Biopharma Ltd. received Nasdaq’s notice on October 6, 2026, granting an additional 180 calendar days, through April 5, 2027, to regain compliance with the $1.00 per-share minimum bid-price requirement. The earlier compliance period ran through October 5, 2026, following Nasdaq’s April 8, 2026 notice that the ADS closing bid had been below $1.00 for 30 consecutive business days.
The extension has no immediate effect on the listing or trading of RedHill’s ADSs, which continue to trade on The Nasdaq Capital Market under RDHL. Nasdaq will confirm compliance if, before April 5, 2027, the ADS closing bid is at least $1.00 per share for a minimum of 10 consecutive business days. RedHill meets the continued-listing requirement for market value of publicly held shares and all other applicable initial-listing requirements except the minimum bid requirement.
Key Figures
Key Terms
minimum bid price requirement regulatory
continued listing requirement regulatory
The Nasdaq Capital Market regulatory
FAQ
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What is RDHL’s deadline to regain Nasdaq’s minimum bid-price compliance?
How can RDHL regain Nasdaq bid-price compliance?
AI-generated analysis. How Rhea-AI works. Not financial advice.