Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing · Regulation FD Disclosure
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing. As previously disclosed, on January 15, 2026 Liminatus Pharma, Inc. (the “Company”) received a notice from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) indicating that the closing bid price of the Company’s common stock had been below $1.00 for 30…
Liminatus Pharma, Inc. (Nasdaq: LIMN) is a biotechnology company developing innovative immuno-oncology and cell therapy candidates. The Company’s portfolio includes IBA101, a next-generation anti-CD47 monoclonal antibody, as well as oncology-focused cellular therapy programs including IBC101, a CD19xCD22 bivalent CAR-T candidate for B-cell malignancies. Liminatus is focused on advancing differentiated therapeutic approaches designed to address unmet needs in cancer treatment.
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Item 3.01Item 3.01 - Notice of Delisting
Item 3.01 Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
As previously disclosed, on January 15, 2026
Liminatus Pharma, Inc. (the “Company”) received a notice from the Nasdaq Listing Qualifications Department of The Nasdaq
Stock Market LLC (“Nasdaq”) indicating that the closing bid price of the Company’s common stock had been below $1.00
for 30 consecutive business days, and, consequently, the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1) (the
applicable minimum bid price requirement for The Nasdaq Global Market).
Following an appeal and hearing before the Nasdaq
Hearings Panel, the Panel determined to transfer the Company to The Nasdaq Capital Market effective August 4, 2026 and granted the
Company an extension to demonstrate compliance with Nasdaq Listing Rule 5550(a)(2) (the applicable minimum bid price requirement
for The Nasdaq Capital Market) (the “Bid Price Rule”) by September 3, 2026.
At the close of trading on August 20, 2026,
the Company effected a 1-for-50 reverse stock split.
On September 24, 2026, the Company received
a notice from Nasdaq stating that, for the 13 consecutive trading days from August 21, 2026 to September 9, 2026, the closing
bid price of the Company’s common stock had been above $1.00 per share. Accordingly, Nasdaq determined that the Company has regained
compliance with the Bid Price Rule, and the matter is now closed.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On September 29, 2026, the Company issued
a press release announcing that the Company has regained compliance with the Bid Price Rule. A copy of the press release is furnished
as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
The information in this Current Report on Form 8-K,
including Exhibit 99.1 furnished hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall
it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly
set forth in such filing.
Filed exhibits (1)
EX-99.1 (by filename) tm2626488d1_ex99-1.htm
Exhibit 99.1
Liminatus Pharma Regains Compliance with Nasdaq
Minimum Bid Price Rule
FULLERTON, Calif., September 29, 2026 -
Liminatus Pharma, Inc. (Nasdaq: LIMN) (“Liminatus” or the “Company”) today announced that the Company has
regained compliance with Nasdaq’s minimum bid price rule.
As previously disclosed, on January 15, 2026
the Company received a notice from Nasdaq indicating that the closing bid price of the Company’s common stock had been below $1.00
for 30 consecutive business days, and, consequently, the Company was not in compliance with Nasdaq Listing Rule 5450(a)(1) (the
applicable minimum bid price requirement for The Nasdaq Global Market).
Following an appeal and hearing before the Nasdaq
Hearings Panel, the Panel determined to transfer the Company to The Nasdaq Capital Market effective August 4, 2026 and granted the
Company an extension to demonstrate compliance with Nasdaq Listing Rule 5550(a)(2) (the applicable minimum bid price requirement
for The Nasdaq Capital Market) (the “Bid Price Rule”) by September 3, 2026.
At the close of trading on August 20, 2026,
the Company effected a 1-for-50 reverse stock split.
On September 24, 2026, the Company received
a …