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Liminatus Pharma to be delisted from Nasdaq for failing market value rules, plans to appeal.

Market News
22 May 2026
Na
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Bearish
pluang ai news

Liminatus Pharma received a delisting notice from Nasdaq due to failure to meet minimum market value requirements for its listed securities and publicly held shares. The company was given until May 18, 2026, to regain compliance but did not meet the criteria. Nasdaq will suspend trading and delist Liminatus' securities on May 29, 2026, unless the company successfully appeals the decision. Liminatus intends to request an appeal, which will delay any suspension or delisting pending the hearing outcome.

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