Galmed Pharma (GLMD) Receives Nasdaq Non-Compliance Notice

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Galmed Pharmaceuticals Announces Receipt of Nasdaq Minimum Bid Price Notification

September 22, 2023 4:05 PM EDT

TEL AVIV, Israel, Sept. 22, 2023 /PRNewswire/ Galmed Pharmaceuticals Ltd. (Nasdaq: GLMD) ("Galmed" or the "Company"), a clinical-stage biopharmaceutical company for liver, metabolic and fibrotic diseases, today announced that the Company received a letter from the Nasdaq Listing Qualifications (the "Letter"), indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5550(a)(2), which requires listed securities to maintain a... More