Affimed N.V. Faces Nasdaq Delisting Warning
| Field | Detail |
|---|---|
| Company | Affimed N.V. |
| Form Type | 6-K |
| Filed Date | Apr 21, 2025 |
| Risk Level | medium |
| Sentiment | bearish |
Sentiment: bearish
Topics: listing-compliance, delisting-risk, sec-filing
TL;DR
Nasdaq says Affimed's stock price is too low, risking delisting.
AI Summary
Affimed N.V. received a written notice from Nasdaq on April 15, 2025, stating that its common shares have closed below the $1.00 minimum bid price requirement for the last thirty consecutive business days. This notice indicates potential non-compliance with Nasdaq listing rules.
Why It Matters
This Nasdaq delisting warning could negatively impact investor confidence and the company's ability to raise capital, potentially affecting its stock price and operational flexibility.
Risk Assessment
Risk Level: medium — The company is at risk of being delisted from Nasdaq if it cannot regain compliance with the minimum bid price rule.
Key Numbers
- $1.00 — Minimum Bid Price (The threshold Affimed's common shares must maintain to stay listed on Nasdaq.)
Key Players & Entities
- Affimed N.V. (company) — Filer of the report and subject of the Nasdaq notice
- Nasdaq (company) — The stock exchange that issued the non-compliance notice
- $1.00 (dollar_amount) — Minimum bid price requirement for Nasdaq listing
- April 15, 2025 (date) — Date of the written notice from Nasdaq
- April 21, 2025 (date) — Date the report was filed
FAQ
What is the specific reason for the Nasdaq notice sent to Affimed N.V.?
Affimed N.V. received a notice because its common shares have closed below the minimum $1.00 per share requirement for thirty consecutive business days.
When was the notice from Nasdaq dated?
The notice from Nasdaq was dated April 15, 2025.
What is the minimum bid price requirement for continued listing on Nasdaq?
The minimum bid price requirement for continued listing on Nasdaq is $1.00 per share.
What is the name of the stock exchange that issued the notice?
The Listing Qualifications Department of The Nasdaq Stock Market LLC, referred to as Nasdaq, issued the notice.
What is the filing date of this Form 6-K?
This Form 6-K was filed on April 21, 2025.
Filing Details
This Form 6-K (Form 6-K) was filed with the SEC on April 21, 2025 regarding Affimed N.V..