8-KAccepted Sep 4, 5:00 PM ET
Matinas BioPharma Receives NYSE Notice of Listing Noncompliance
Accepted (ET)
5:00 PM
Sep 4, 2026
Filed
Sep 4, 2026
Documents
13
Size
238.4 KB
Summary
Matinas BioPharma Receives NYSE Notice of Listing Noncompliance
What Happened
Matinas BioPharma Holdings, Inc. (MTNB) announced that on August 31, 2026 it received a written notice from NYSE American saying the company is not in compliance with Section 1003(a)(i) of the NYSE American Company Guide. The noncompliance was based on reported stockholders’ equity of $1.8 million as of June 30, 2026, compared with the $2.0 million minimum required when a company has reported losses in recent years. The company issued a press release on September 4, 2026 regarding the notice.
Key Details
- NYSE notice date: August 31, 2026.
- Stockholders’ equity reported: $1.8 million as of June 30, 2026.
- NYSE Rule cited: Section 1003(a)(i) — requires ≥ $2.0 million equity if there are reported losses.
- Company reported losses from continuing operations and/or net losses in each of its five most recent fiscal years.
- Company issued a press release on September 4, 2026 to discuss the matter (included as an exhibit to the 8‑K).
Why It Matters
A formal NYSE notice of noncompliance signals the company does not meet a key listing standard; under exchange procedures this can lead to further review and, if not resolved, potential delisting. For investors, this raises possible risks to share liquidity and marketability and is a reason to monitor Matinas’ upcoming SEC filings and public statements for any remediation plan or timeline to regain compliance.