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MiNK Therapeutics Regains Full Compliance with Nasdaq Listing Requirements

Key Takeaway: MiNK Therapeutics, a clinical-stage biopharmaceutical company, announced that it has regained compliance with Nasdaq listing requirements. This achievement confirms that MiNK meets the minimum bid price and market value of listed securities necessary for continued listing on The Nasdaq Capital Market. With this compliance, the company can continue its efforts in developing its allogeneic iNKT cell therapies for cancer and immune-mediated diseases.

Market Sentiment Analysis

POSITIVE FACTORS

  • MiNK Therapeutics has regained compliance with Nasdaq listing requirements.
  • The company continues to advance its iNKT cell therapy pipeline.
  • Regaining compliance closes the matter positively for MiNK Therapeutics.

Full Press Release Details

NEW YORK, Feb. 20, 2025 (GLOBE NEWSWIRE) -- MiNK Therapeutics, Inc. (NASDAQ: INKT), a clinical-stage biopharmaceutical company pioneering the discovery, development, and commercialization of allogeneic, off-the-shelf invariant natural killer T (iNKT) cell therapies for cancer and other immune-mediated diseases, today announced that it has received formal notice from Nasdaq confirming that the Company has regained compliance with both the minimum bid price and market value of listed securities requirements for continued listing on The Nasdaq Capital Market. As a result, MiNK now meets all Nasdaq Capital Market listing requirements, and the matter has been closed.
About MiNK Therapeutics
MiNK Therapeutics is a clinical-stage biopharmaceutical company pioneering the discovery, development, and commercialization of allogeneic invariant natural killer T (iNKT) cell therapies to treat cancer and other immune-mediated diseases. MiNK is advancing a pipeline of both native and next generation engineered iNKT programs, with a platform designed to facilitate scalable and reproducible manufacturing for off-the-shelf delivery. The company is headquartered in New York, NY. For more information, visit https://minktherapeutics.com/ or @MiNK_iNKT. Information that may be important to investors will be routinely posted on our website and social media channels.
Forward Looking Statements
This press release contains forward-looking statements pursuant to the safe harbor provisions of the federal securities laws, including statements regarding the potential and expected benefits of iNKT cell therapies, as well as plans, timelines, and goals for current and future programs. Forward-looking statements are subject to various risks and uncertainties, including those described under “Risk Factors” in the most recent Form 10-K, Form 10-Q, and the S-1 Registration Statement filed with the U.S. Securities and Exchange Commission (SEC). Readers are cautioned not to place undue reliance on these statements, which speak only as of the date hereof. MiNK undertakes no obligation to update or revise forward-looking statements except as required by law, and all such statements are expressly qualified by this cautionary statement.

Frequently Asked Questions

What is MiNK Therapeutics known for?

MiNK Therapeutics specializes in allogeneic iNKT cell therapies for cancer and immune diseases.

Has MiNK Therapeutics met Nasdaq listing requirements?

Yes, MiNK Therapeutics has regained compliance with Nasdaq's listing requirements.

Where is MiNK Therapeutics headquartered?

MiNK Therapeutics is headquartered in New York, NY.

What types of programs does MiNK offer?

MiNK offers both native and engineered next-generation iNKT programs.

How can investors stay informed about MiNK?

Investors can find information on MiNK’s website and social media channels.

Last updated: Feb 20, 2025