Matinas BioPharma gets NYSE American notice for failing stockholders’ equity listing standard
Matinas BioPharma Holdings, Inc.
Matinas BioPharma Holdings, Inc. MTNB | 0.00 |
- Matinas BioPharma received an NYSE American non-compliance notice tied to continued listing equity standards under Sections 1003(a)(ii) and 1003(a)(iii).
- Stockholders’ equity fell to $3.02 million as of March 31, 2026, below the $4 million minimum for issuers with recent multi-year losses.
- Equity was $4.83 million as of Dec. 31, 2025, below the $6 million threshold tied to losses in the past five fiscal years.
- NYSE American accepted its compliance plan, granting a cure period through Oct. 2, 2027, with quarterly monitoring.
- Failure to regain compliance or meet plan milestones could trigger delisting proceedings, with appeal rights under NYSE American rules.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Matinas BioPharma Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606261715PRIMZONEFULLFEED9753035) on June 26, 2026, and is solely responsible for the information contained therein.
