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Virax Biolabs Announces Receipt of NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency

  • Virax Biolabs Group Limited received a notice from The Nasdaq Stock Market LLC about being non-compliant with the minimum bid price requirement.
  • The minimum bid price requirement is $1.00 per share, and a deficiency exists if the price remains below this level for 30 consecutive business days.
  • The company has until January 12, 2026, to regain compliance by maintaining a bid price of at least $1.00 for ten consecutive business days.
  • The notification does not lead to immediate delisting, and shares will continue to trade under the symbol 'VRAX.
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Virax Biolabs Announces Receipt of NASDAQ Notification Letter Regarding Minimum Bid Price Deficiency

LONDON, July 18, 2025 /PRNewswire/ -- Virax Biolabs Group Limited (NASDAQ: VRAX) ("Virax" or the "Company"), an innovative biotechnology company focused on the detection of immune responses and diagnosis of viral diseases, announced that it received a notice from The…

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PR Newswire broke the news in United States on Friday, July 18, 2025.
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