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OSR Health Provides Shareholder Update Following Nasdaq Panel Decision

$OSRHPress releaseOct 28, 2026, 9:15 AM ETRead the release

Nasdaq's Hearings Panel determined on October 23, 2026 to delist OSR Health for failure to maintain the $1.00 minimum bid price; shares have traded OTC since Nasdaq suspended trading on August 26. Management chose not to pursue a reverse split during the compliance process and is now evaluating options to regain a national exchange listing, with a further update promised on or before November 6. The company's $15 million equity put option from BCM Europe AG for VXM01 remains in place and, as amended October 15, can be settled via convertible notes at fixed conversion prices of roughly $2.00-$5.00 per share.

Key figures

Panel decision date
2026-10-23
Next update deadline
2026-11-06
Equity put option usd
15000000
Conversion price range
$2.00-$5.00 per share
Nasdaq suspension date
2026-08-26
Min bid price requirement usd
1
Convertible note settlement usd
15000000

AI analysis

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