Aditxt Faces Nasdaq Delisting After Seven Reverse Splits and 77% Stock Crash
ADTX•Shares of Aditxt will be suspended Thursday after a Nasdaq panel rejected its appeal for failing $1 minimum bid price and $2.5 million equity requirements despite seven reverse splits. ADTX stock crashed 77% on Wednesday and plunged another 19% in extended trading, wiping out nearly all its value over the past year.
1. Nasdaq Hearing Panel Decision
At a June hearing, a panel refused to grant Aditxt an extension to meet Nasdaq's $1 minimum bid price and $2.5 million stockholders' equity requirements. Trading in ADTX common stock will be suspended at Thursday's opening bell. The company may seek a review by the Nasdaq Listing and Hearing Review Council within 15 days, subject to a $15,000 fee.
2. Reverse Splits and Compliance Failures
Aditxt has completed seven reverse stock splits over the past two years, including a 1-for-113 split in November 2025, a 1-for-8 split in March and a 1-for-27 split last month, but has still closed below $1 for roughly half of trading days. The cumulative split ratio exceeds 250-to-1, yet bid-price compliance remained elusive. Nasdaq also flagged a $35.17 million equity deficit far below the required $2.5 million threshold.
3. Stock Performance and Next Steps
ADTX shares plunged 77% during Wednesday trading and fell another 19% in after-hours trading, erasing nearly all market value over the past year. Despite trading suspension, some retail investors are positioning for a potential OTC-market recovery. The appeal window opens a pathway for Aditxt to possibly restore its listing if successful.
