Longeveron Inc. has announced that it received a written notice from Nasdaq on March 24, 2026, granting the company an additional 180 days to comply with the minimum bid price requirement for continued listing on The Nasdaq Capital Market. This extension comes after the company was previously notified on September 22, 2025, that its Class A common stock had been trading below the $1.00 minimum bid price for thirty consecutive business days. The new deadline to regain compliance is September 21, 2026. If the closing bid price of the company's common stock reaches at least $1.00 per share for a minimum of ten consecutive business days before this deadline, Nasdaq will confirm that the company has achieved compliance. The company is actively monitoring its stock price and considering options, including a potential reverse stock split, to ensure compliance with Nasdaq's listing requirements. This development is significant as it impacts the company's ability to maintain its listing on a major exchange, which is crucial for investor confidence and market visibility.

Press Release distribution

National Press Distribution across U.S. Media. Direct Access to Key Decision Making Editors.