Liminatus Pharma Nasdaq Delisting Notice
Analysis based on 8 articles · First reported May 22, 2026 · Last updated May 22, 2026
The delisting notice for Liminatus Pharma will likely lead to a significant drop in its stock price and liquidity, negatively impacting investors holding its shares. The potential suspension of trading on Nasdaq-100 could make it difficult for shareholders to sell their stock, reflecting poorly on the company's financial health and governance.
Liminatus Pharma received a delisting notice from Nasdaq-100 on May 20, 2026, for failing to comply with the $50,000,000 market value of listed securities (MVLS) and $15,000,000 market value of publicly held shares (MVPHS) requirements. This follows previous notices issued on November 19, 2025, which gave the company 180 days to regain compliance. Unless Liminatus Pharma successfully appeals the decision by May 27, 2026, trading of its common stock and warrants will be suspended on May 29, 2026. The company, led by CEO Chris Kim, intends to appeal the determination, which would stay the delisting action pending a hearing.
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