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Salarius Pharmaceuticals Inc SEC Filings

SLRX NASDAQ

Welcome to our dedicated page for Salarius Pharmaceuticals SEC filings (Ticker: SLRX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

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Rhea-AI Summary

Salarius Pharmaceuticals, Inc. ("SLRX") filed an 8-K to report that on 10 July 2025 it received a decision from the Nasdaq Hearings Panel granting additional time to regain listing compliance.

  • Equity Standard – Rule 5550(b)(1): deadline extended from early-July to late-July 2025.
  • Minimum Bid Price – Rule 5550(a)(2): deadline remains early-August 2025.

Background events include a March 26 2025 notice that stockholders’ equity fell below the required threshold and an April 23 2025 delisting notice for trading below the $1.00 bid-price minimum for 30 consecutive business days. Because Salarius completed a reverse stock split within the prior year, it was ineligible for the usual 180-day cure period.

The company appealed, automatically staying delisting. A prior extension was granted on 11 June 2025; the latest ruling lengthens only the equity-compliance deadline and is contingent on milestone reporting. Failure to meet either requirement by the new dates is expected to lead to suspension and delisting from The Nasdaq Capital Market.

No operating results, financing transactions, or strategic updates were provided; the filing focuses solely on Nasdaq listing status.

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Rhea-AI Summary

Salarius Pharmaceuticals, Inc. (Nasdaq: SLRX) convened a Special Meeting of Stockholders on July 8, 2025. Of the 2,127,286 common shares outstanding on the May 13, 2025 record date, 789,213 shares (37.10%) were present in person or by proxy, satisfying quorum requirements.

Key matters approved

  • Reverse Stock Split: Stockholders authorized the Board to implement a reverse split in a ratio between 1-for-4 and 1-for-40 at the Board’s discretion (Votes For: 561,364; Against: 224,901; Abstain: 2,678).
  • Nasdaq 20% Issuance: Approved issuance of additional common shares under the December 12, 2024 Securities Purchase Agreement with C/M Capital Master Fund, LP without the exchange-cap limitation, satisfying Nasdaq Listing Rules 5635(a) & 5635(d) (Votes For: 124,631; Against: 73,764; Abstain: 1,095; Broker Non-Votes: 589,723).
  • Adjournment Proposal: Granted authority to adjourn the meeting to solicit more proxies if needed (Votes For: 598,521; Against: 187,750; Abstain: 2,942). An adjournment ultimately was not required.

No other matters were brought before the meeting, and the filing contains no financial performance data. The Board now possesses flexibility to manage share structure (reverse split) and finalize the previously agreed financing transaction, both of which can influence future capitalization and compliance with Nasdaq listing standards.

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FAQ

What is the current stock price of Salarius Pharmaceuticals (SLRX)?

The current stock price of Salarius Pharmaceuticals (SLRX) is $0.6132 as of July 17, 2025.

What is the market cap of Salarius Pharmaceuticals (SLRX)?

The market cap of Salarius Pharmaceuticals (SLRX) is approximately 1.6M.

What is the primary focus of Salarius Pharmaceuticals Inc?

Salarius Pharmaceuticals Inc is a clinical-stage biopharmaceutical company focused on developing targeted oncology treatments that address critical gene dysregulation in cancer.

Which therapeutic approaches does the company utilize?

The company employs targeted protein inhibition and protein degradation strategies, leveraging small molecule therapies to modulate or degrade disease-causing proteins in cancer cells.

What are the main drug candidates in their pipeline?

Salarius is developing therapies that include a lead candidate currently being explored for hematologic cancers and an oral small molecule protein degrader under IND-stage evaluation.

How does Salarius differentiate itself in the competitive oncology market?

The company differentiates itself through a dual approach that combines advanced molecular targeting with innovative therapeutic modalities, positioning it uniquely in addressing high unmet needs in cancer treatment.

What role does targeted gene dysregulation play in their treatment strategies?

Targeting gene dysregulation is central to their approach, enabling the design of therapies that interfere precisely with abnormal protein functions, thereby potentially improving treatment outcomes in oncology.

How is the company integrating innovative technologies into its drug development?

Salarius is incorporating advanced computational design, machine learning, and rapid synthesis techniques to enhance its drug discovery process and develop both small molecule and peptide-based therapeutics.

What can be understood about their strategic collaboration with Decoy Therapeutics?

The collaboration with Decoy Therapeutics reflects a strategic effort to merge complementary technologies, particularly peptide conjugate therapeutics, with Salarius' existing expertise, thereby creating a broader and more innovative research platform.

How do the company's initiatives contribute to addressing unmet medical needs in oncology?

By focusing on precise molecular targets and leveraging innovative drug modalities, Salarius aims to create effective treatments for patients with limited options, thus addressing critical gaps in current oncology care.
Salarius Pharmaceuticals Inc

NASDAQ:SLRX

SLRX Rankings

SLRX Stock Data

1.61M
2.09M
2.1%
4.8%
5.41%
Biotechnology
Pharmaceutical Preparations
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United States
HOUSTON