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Qualigen Therapeutics Granted Nasdaq Compliance Extension

Story Highlights
  • Qualigen Therapeutics failed to meet Nasdaq’s equity compliance deadline in July 2025.
  • The company received a final exception to demonstrate compliance by November 15, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Qualigen Therapeutics Granted Nasdaq Compliance Extension

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Qualigen Therapeutics ( (QLGN) ) has provided an update.

On September 4, 2025, Qualigen Therapeutics received a decision from the Nasdaq Hearings Panel regarding its compliance with Nasdaq’s equity requirements. Despite recent financial maneuvers, including a private placement and a promissory note amendment, the company failed to meet the equity compliance deadline of July 28, 2025. However, the Panel granted a final exception for compliance demonstration by November 15, 2025, upon the filing of its quarterly report. The company has also regained compliance with its SEC reporting obligations.

Spark’s Take on QLGN Stock

According to Spark, TipRanks’ AI Analyst, QLGN is a Underperform.

Qualigen Therapeutics’ overall stock score is low due to significant financial challenges, including declining revenue, substantial losses, and financial instability. The bearish technical analysis further dampens the outlook. However, recent corporate events like strategic investments and leadership changes provide a slight positive outlook on future potential improvements.

To see Spark’s full report on QLGN stock, click here.

More about Qualigen Therapeutics

Qualigen Therapeutics, Inc. operates in the biotechnology industry, focusing on the development and commercialization of therapeutic products. The company is primarily engaged in creating innovative treatments for cancer and infectious diseases.

Average Trading Volume: 852,978

Technical Sentiment Signal: Sell

Current Market Cap: $2.87M

For detailed information about QLGN stock, go to TipRanks’ Stock Analysis page.

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