Allarity Therapeutics (ALLR) Announces 1:30 Reverse Share Split

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Allarity Therapeutics Takes Decisive Step Toward Regaining Nasdaq Compliance with Nasdaq Listing Rule 5550(a)(2)

September 11, 2024 8:00 AM EDT

Boston (September 11, 2024) Allarity Therapeutics, Inc. (Allarity or the Company) (NASDAQ: ALLR), a clinical-stage pharmaceutical company dedicated to developing personalized cancer treatments, today announced that the Company is taking a decisive step toward regaining compliance with Nasdaqs listing requirements, as outlined by the Nasdaq Hearings Panel during a meeting on August 15, 2024.

At the meeting, the Nasdaq Hearings Panel approved Allaritys plan to maintain its listing, contingent upon the Company securing shareholder approval for a reverse stock split by September 6, 2024. This approval was granted by Allaritys shareholders at the Companys... More