Liminatus Pharma, Inc. is an immuno-oncology firm, currently in its clinical development phase, dedicated to pioneering new treatments for cancer. The company's headquarters are located in La Palma, California.
Liminatus Pharma Regains Compliance with Nasdaq Minimum Bid Price Rule
Liminatus Pharma received notice from Nasdaq that it has regained compliance with the minimum bid price rule, and the matter is now closed.
The stock closed above $1.00 for 13 consecutive trading days from August 21 to September 9, 2026, following a 1-for-50 reverse split effected August 20. The company had been non-compliant since a January notice and was transferred to the Nasdaq Capital Market after a hearing.
While the delisting overhang is resolved, compliance was achieved via reverse split rather than sustained organic price appreciation — a lingering signal on the equity's standing.