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iBio Announces Transfer to Nasdaq Capital Market

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iBio Announces Transfer to Nasdaq Capital Market

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Ibio ( (IBIO) ) has issued an update.

On February 19, 2025, iBio, Inc. announced its decision to transfer the listing of its common stock from NYSE American to the Nasdaq Capital Market. The trading on NYSE American will end on March 3, 2025, with Nasdaq trading commencing on March 4, 2025, under the same ticker symbol ‘IBIO.’ The company believes this move will enhance visibility, trading liquidity, and exposure to institutional investors, aligning with its strategy to join a community of leading biotech firms.

More about Ibio

iBio, Inc. is a biotech company that utilizes artificial intelligence and advanced computational biology to develop biopharmaceuticals for cardiometabolic diseases, obesity, cancer, and other hard-to-treat illnesses. The company focuses on creating breakthrough antibody treatments through proprietary 3D modeling and innovative drug discovery platforms, aiming to transform drug discovery and accelerate development timelines.

YTD Price Performance: 52.07%

Average Trading Volume: 194,032

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $36.34M

See more insights into IBIO stock on TipRanks’ Stock Analysis page.

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