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Matinas BioPharma gets NYSE notice for low equity but has plan to regain compliance by Oct 2027

Market News
26 Jun 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Matinas BioPharma received a notice from NYSE American on June 24, 2026, for not meeting listing standards due to stockholders' equity below required thresholds amid ongoing losses. The company had $3.02 million equity as of March 31, 2026, below the $4 million minimum, and losses over five years. NYSE accepted Matinas' plan to regain compliance by October 2, 2027, allowing continued listing with periodic reviews. Failure to comply by the deadline could lead to delisting, but current trading and operations remain unaffected.

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