Windtree Therapeutics to Be Delisted from Nasdaq
Delisting from Nasdaq: Windtree Therapeutics is set to be delisted from the Nasdaq Capital Market due to failing to meet the minimum $1 bid price requirement for 30 consecutive business days, with trading suspension effective August 21, 2025.
Financial Performance: The company raised $60 million but reported a net loss of $10.64 million, highlighting ongoing financial struggles despite recent funding efforts.
Impact on Share Price: Following the delisting notice, Windtree's shares dropped by 77.21%, reflecting a significant decline in investor confidence and market liquidity.
Ongoing Compliance: Despite the delisting, Windtree continues to comply with SEC reporting requirements and asserts that its operations will not be affected by the transition to over-the-counter trading.
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