Scinai Immunotherapeutics (NASDAQ: SCNI) announced that it received written notification from the Nasdaq Listing Qualifications Department on March 12, 2026, indicating it is not in compliance with the Nasdaq Capital Market’s minimum bid price requirement under Listing Rule 5550(a)(2) after its American Depositary Shares traded below $1.00 for 30 consecutive business days. The notice has no immediate impact on the listing or trading of the company’s ADSs, and Scinai has been granted a 180-day compliance period through Sept. 8, 2026, during which it may regain compliance if its closing bid price meets or exceeds $1.00 for at least 10 consecutive business days.
To view the full press release, visit https://ibn.fm/faOR5
About Scinai Immunotherapeutics
Scinai Immunotherapeutics Ltd. (NASDAQ: SCNI) is a biopharmaceutical company focused on the development of innovative immunology therapies. The Company is advancing a pipeline of therapeutic candidates licensed from the Max Planck Society and from PinCell S.r.l.
Scinai also owns Scinai Biopharma Services Ltd., a contract development and manufacturing organization (CDMO), providing development and manufacturing services to biotechnology and pharmaceutical companies.
NOTE TO INVESTORS: The latest news and updates relating to SCNI are available in the company’s newsroom at https://ibn.fm/SCNI
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