8-K - RAPID MICRO BIOSYSTEMS, INC. (0001380106) (Filer)

Fri, Aug 2, 11:04 AM (225 days ago)

Rapid Micro Biosystems, Inc. reported its unaudited financial results for Q2 2024 on August 2, 2024. The company also disclosed it received a notification from Nasdaq on February 2, 2024, for non-compliance with the $1.00 minimum bid price requirement. The company did not meet this requirement by the initial deadline of July 31, 2024, leading to a transfer of its stock to the Nasdaq Capital Market effective August 5, 2024. This transfer grants an additional 180 days to regain compliance, potentially through a reverse stock split. If compliance is not met by January 27, 2025, the stock faces delisting. Risks include the uncertainty of regaining compliance and potential delisting.