UNITED STATES
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CURRENT REPORT
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Item 8.01 Other Events.
As previously disclosed, on May 17, 2023, Unicycive Therapeutics, Inc. (the “Company”) received a written notice (the “Notice”) from the Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it was not in compliance with Nasdaq Listing Rule 5550(b)(2) (the “Rule”), since it had failed to maintain a minimum market value of listed securities of $35,000,000 over the previous 30 consecutive business days.
Nasdaq has determined that for the last 10 consecutive business days, from July 11 to July 24, 2023, the Company’s market value of listed securities has been $35,000,000 or greater. On July 25, 2023, the Company received notice from Nasdaq that the Company has regained compliance with the minimum market value requirement for continued listing on The Nasdaq Capital Market.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: July 26 2023
UNICYCIVE THERAPEUTICS, INC. | ||
By: | /s/ Shalabh Gupta | |
Shalabh Gupta | ||
Chief Executive Officer |
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