Relmada Therapeutics (NASDAQ: RLMD) regains Nasdaq minimum bid compliance
Rhea-AI Filing Summary
Relmada Therapeutics, Inc. reported that it has regained compliance with Nasdaq’s minimum bid price requirement. The company received a written notice of compliance from Nasdaq’s Listing Qualifications Department stating that, for 10 consecutive trading days from August 29, 2025 to September 12, 2025, the closing bid price of its common stock was at or above $1.00 per share, satisfying Nasdaq Listing Rule 5550(a)(2).
Nasdaq informed Relmada that it now considers the listing compliance matter closed, meaning the company’s common stock remains listed on the Nasdaq Capital Market under the symbol RLMD. Relmada issued a press release on September 15, 2025 to communicate this development, which is referenced as an exhibit in the filing.
Positive
- Nasdaq bid-price compliance regained: Relmada’s stock closed at or above $1.00 for 10 consecutive trading days, and Nasdaq confirmed the company is back in compliance with Listing Rule 5550(a)(2), closing the prior deficiency matter.
Negative
- None.
Insights
Relmada has cleared Nasdaq’s minimum bid price hurdle, removing an immediate delisting risk.
Relmada Therapeutics received confirmation from Nasdaq that its common stock met the $1.00 minimum bid price for 10 consecutive trading days, from August 29 to September 12, 2025. This satisfies Nasdaq Listing Rule 5550(a)(2), which applies to companies on the Nasdaq Capital Market and focuses on maintaining a minimum share price.
With Nasdaq stating that it considers the matter closed, the near-term risk tied specifically to minimum bid price non-compliance is resolved. This preserves the company’s listing status and access to the Nasdaq market, which can be important for liquidity and institutional ownership. Future company disclosures may provide additional context on how Relmada manages ongoing compliance with Nasdaq standards.