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Stock impact report

Purple Biotech Regains Compliance with Nasdaq

Purple Biotech Ltd. - American Depositary Shares (PPBT) 
Company Research Source: GlobeNewswire
Minimum Bid Price Requirement REHOVOT, Israel, March 17, 2026 (GLOBE NEWSWIRE) -- Purple Biotech Ltd. (“Purple Biotech” or “the Company”) (NASDAQ/TASE: PPBT), a clinical-stage company developing a next-generation immunotherapy platform designed to maximize anti-cancer potency while minimizing toxicity, today announced that it received confirmation from the Listing Qualifications Department of The Nasdaq Stock Market LLC (the “Listing Qualifications Department”) that the Company had regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on The Nasdaq Capital Market (“Nasdaq”), and is now compliant with applicable listing standards for continued Nasdaq listing. To regain compliance with Nasdaq Listing Rule 5550(a)(2), the Company was required to maintain a minimum closing bid price for the American Depositary Shares (the “ADSs”) of $1.00 per share or more for at least 10 consecutive business days, which was achieved on M Show less Read more
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