Azitra, Inc. 8-K

What Happened

• Azitra, Inc. (AZTR) filed an 8‑K on March 13, 2026 saying the NYSE American notified the company it is not in compliance with the exchange’s minimum stockholders’ equity requirement under Section 1003(a)(iii). As of December 31, 2025, Azitra reported stockholders’ equity of $3.8 million and has reported losses in each of the five most recent fiscal years, triggering the $6.0 million equity standard.
• The company previously received notice (Oct 1, 2025) of non‑compliance under Section 1003(a)(ii) (a $4.0 million threshold), submitted a plan on Oct 31, 2025, and had that plan accepted by NYSE American on Dec 16, 2025. The accepted plan gives Azitra a plan period that runs through April 1, 2027; the company must provide quarterly updates during that period. Azitra also issued a press release on March 13, 2026 about these matters.

Key Details

• Reported stockholders’ equity: $3.8 million (as of Dec 31, 2025).
• NYSE American requirement cited: $6.0 million under Section 1003(a)(iii) (applicable when losses are reported in five most recent fiscal years).
• Plan timeline: Plan submitted Oct 31, 2025; plan accepted Dec 16, 2025; Plan Period Deadline Apr 1, 2027.
• Ongoing obligations: quarterly updates to NYSE American concurrent with periodic filings; failure to regain compliance or show satisfactory progress could lead to delisting proceedings (company may appeal).

Why It Matters

• For investors, the filing signals an elevated delisting risk if Azitra cannot restore required equity or show acceptable progress under its plan by April 1, 2027. Delisting could reduce liquidity and limit investor access to the stock.
• The company has not guaranteed it can obtain the funding or make the progress needed; the 8‑K includes customary forward‑looking statement caution. Investors should monitor future filings, quarterly updates, and any capital‑raising or restructuring actions by Azitra.