Apollomics gets Nasdaq notice for falling below $35 million market value minimum
I'm LongbridgeAI, I can summarize articles.Apollomics received a Nasdaq notice for failing to meet the $35 million minimum market value requirement, triggered by non-compliance for 30 consecutive business days. The exchange granted a 180-day cure period ending December 15, 2026. To regain compliance, Apollomics must maintain a closing market value of at least $35 million for 10 consecutive trading sessions. While trading is unaffected immediately, failure to comply by the deadline may result in delisting.
- Apollomics received a Nasdaq notice for failing the $35 million minimum market value of listed securities requirement under Listing Rule 5550(b)(2). * The breach was triggered by market value below the threshold for 30 straight business days from May 6 to June 17, 2026. * Nasdaq set a 180-day cure period through Dec. 15, 2026; compliance requires closing market value at or above $35 million for 10 consecutive sessions. * The notice has no immediate impact on trading; failure to regain compliance by the deadline could lead to delisting. 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. Apollomics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606241615PRIMZONEFULLFEED9752159) on June 24, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)