Curis gets Nasdaq delisting notice over sustained sub-$1 share price
Curis said it plans to seek a new hearing to stay the delisting action after Nasdaq staff determined the stock failed the $1.00 minimum bid price rule for 30 straight business days.
Curis, Inc. disclosed in a Form 8-K dated November 2, 2026 that it received a letter from the Listing Qualifications Staff of The Nasdaq Stock Market notifying the company that, for the last 30 consecutive business days, the bid price for its common stock had closed below the minimum $1.00 per share requirement for continued inclusion on the Nasdaq Capital Market under Nasdaq Listing Rule 5550(a)(2).1
The company said it cannot use the standard compliance period to cure the deficiency. Because Curis carried out a 1-for-20 reverse stock split on July 6, 2026, it is not eligible for the compliance period under Rule 5810(c)(3)(A), since Listing Rule 5810(c)(3)(A)(iv) excludes companies that have done a reverse split in the prior year or multiple splits totaling a 250-to-1 ratio or more within two years.1
Curis is also under added scrutiny from Nasdaq. Following a Nasdaq Hearings Panel decision dated July 24, 2026, the company is subject to a Discretionary Panel Monitor under Listing Rule 5815(d)(4)(A) for one year.1
The company said it will pursue further review of the delisting notice. Curis intends to ask promptly for a new hearing, either with the original panel or a newly formed one if the first is unavailable, a step that would pause any additional delisting steps.1 The company cautioned that there is no guarantee the appeal will succeed or that it will remain listed on Nasdaq.1
The filing was signed November 6, 2026 by Chief Financial Officer Diantha Duvall. Curis pointed to risk factors in its 2025 Form 10-K and its Form 10-Q for the quarter ended June 30, 2026 as sources of further detail on factors that could affect the outcome.1
Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.