Geovax Labs Inc. (NASDAQ: GOVX) received a notice from the Nasdaq Stock Market LLC on July 7, 2026, stating the company is not in compliance with the $2,500,000 minimum stockholders' equity requirement for continued listing under Nasdaq Listing Rule 5550(b)(1).

Nasdaq also noted that the company did not meet the alternative compliance standards of market value of listed securities or net income from continuing operations as of the date of the notice.

Under Nasdaq rules, Geovax has 45 calendar days, until August 21, 2026, to submit a compliance plan. If Nasdaq accepts the plan, the company may receive an extension of up to 180 calendar days from the date of the notice to demonstrate compliance.

The notice does not immediately affect the company's Nasdaq listing, and shares will continue to trade under the symbol "GOVX." The company said it intends to submit a compliance plan within the required timeframe and is currently evaluating its options.

The company cautioned that there is no assurance Nasdaq will accept its plan or that it will achieve compliance within any granted extension period. If Nasdaq rejects the plan or the company fails to regain compliance, a delisting determination would be issued. Geovax would then have the right to request a hearing before a Nasdaq Hearings Panel, which would pause any delisting action.