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Pasithea Therapeutics Faces Nasdaq Delisting Notice

Story Highlights
  • Pasithea Therapeutics received a Nasdaq notice for non-compliance with the $1.00 bid price rule.
  • The company has 180 days to address the issue, which does not impact its operations or SEC reporting.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pasithea Therapeutics Faces Nasdaq Delisting Notice

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An announcement from Pasithea Therapeutics Corp ( (KTTA) ) is now available.

On June 23, 2025, Pasithea Therapeutics Corp received a notice from Nasdaq indicating non-compliance with the $1.00 minimum bid price requirement, which could lead to delisting if not rectified. The company has 180 days to regain compliance, with options to extend this period or appeal if necessary, but the notice does not affect its business operations or SEC reporting requirements.

More about Pasithea Therapeutics Corp

Pasithea Therapeutics Corp operates in the biotechnology industry, focusing on developing innovative medical treatments. The company is engaged in the research and development of therapies for neurological and psychiatric disorders.

Average Trading Volume: 6,273,769

Technical Sentiment Signal: Sell

Current Market Cap: $5.39M

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

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