Protagenic Therapeutics issued a letter regarding Nasdaq non-compliance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 27 2025
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Source: SeekingAlpha
Nasdaq Non-Compliance Notification: Protagenic Therapeutics (PTIX) received a notification from Nasdaq regarding its non-compliance with listing rules, specifically failing to meet the minimum stockholders' equity requirement of $2.5 million and not filing its September 30, 2025 Form 10-Q on time.
Delisting Determination: Due to recent compliance issues and a mandatory monitoring period, Nasdaq has determined to delist the company's securities, prompting PTIX to request a hearing to present its plan to rectify these deficiencies.
Analyst Views on PTIX
About PTIX
Protagenic Therapeutics, Inc. is a neuroactive biopharmaceutical company. The Company has approximately six drug candidates targeting stress-related and CNS disorders, including treatments for obesity and metabolic disorders. The Company's pipeline includes PT-00114 in Phase I/IIa and five preclinical assets including PHYX-001, cannabinoid-based compounds, and modified stilbenoid assets. The PHYX-001 is a potassium channel modulator with a mechanism similar to XEN1101 and BHV-7000. The Company's cannabinoid assets include multiple cannabinoid-based compounds with composition-of-matter IP; potential in CNS, cardiometabolic, and other indications. The Company's cannabinoid assets also include a molecule with potential in the obesity, metabolic dysfunction sector, where the GLP-1 agonists have become medications. Its modified stilbenoid assets include modified stilbenoid compounds with composition-of-matter IP and anticonvulsant activity in preclinical models.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
