Press Releases April 21, 2026 07:30 AM

Plus Therapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement

Plus Therapeutics Regains Nasdaq Minimum Bid Price Compliance, Securing Listing Status

By Hana Yamamoto PSTV
Plus Therapeutics Regains Compliance with Nasdaq Minimum Bid Price Requirement
PSTV

Plus Therapeutics, a clinical-stage healthcare company specializing in precision diagnostics and radiopharmaceuticals for CNS cancers, announced that it has regained compliance with Nasdaq's minimum bid price rule. The company's stock maintained a closing bid price above $1.00 for 10 consecutive trading days, ensuring continued listing on Nasdaq.

Key Points

  • Plus Therapeutics regained compliance with Nasdaq's minimum bid price requirement after its stock price exceeded $1.00 for 10 consecutive business days.
  • The company is advancing targeted radiotherapeutics for challenging central nervous system cancers like leptomeningeal metastases and recurrent glioblastoma.
  • Strategic partnerships have been established to support development, manufacturing, and potential commercialization of Plus Therapeutics' product pipeline.

HOUSTON, April 21, 2026 (GLOBE NEWSWIRE) -- Plus Therapeutics, Inc. (Nasdaq: PSTV) (the “Company”), a healthcare company developing and commercializing precision diagnostics and radiopharmaceuticals for central nervous system (CNS) cancers, today announced that it has received notification from The Nasdaq Stock Market LLC (“Nasdaq”) confirming the Company has regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2).

Nasdaq determined that, for the 10 consecutive business days from April 6, 2026 to April 17, 2026, the closing bid price of the Company’s common stock was at or above $1.00 per share. Accordingly, Nasdaq has advised that the matter is now closed.

About Plus Therapeutics 

Headquartered in Houston, Texas, Plus Therapeutics, Inc. is a clinical-stage pharmaceutical company developing targeted radiotherapeutics for difficult-to-treat cancers of the central nervous system with the potential to enhance clinical outcomes. Combining image-guided local beta radiation and targeted drug delivery approaches, the Company is advancing a pipeline of product candidates with lead programs in leptomeningeal metastases (LM) and recurrent glioblastoma (GBM). The Company has built a supply chain through strategic partnerships that enable the development, manufacturing and future potential commercialization of its products.

Investor Contact
CORE IR
[email protected]


Risks

  • Continued market volatility or failure to maintain the minimum bid price could risk delisting from Nasdaq again.
  • As a clinical-stage pharmaceutical company, Plus Therapeutics faces typical biotech risks including clinical trial outcomes and regulatory approvals.
  • The development and commercialization of novel radiotherapeutics for CNS cancers involve scientific, manufacturing, and market acceptance uncertainties.

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