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Kazia Therapeutics regained Nasdaq compliance after raising $50M, meeting equity requirements and securing continued trading.
Kazia Therapeutics has regained compliance with Nasdaq listing rules after raising $50 million in equity financing, meeting the $2.5 million minimum stockholders’ equity requirement.
The company, which trades as KZIA, received confirmation from Nasdaq on December 18, 2025, allowing its shares to continue trading on the Nasdaq Capital Market.
The financial boost supports ongoing clinical development of paxalisib, a drug being tested for brain cancers and advanced breast cancer.
The company said the improved financial standing enhances investor confidence and flexibility.
Forward-looking statements include risks related to clinical trials, regulatory approval, and market conditions.
Kazia Therapeutics recuperó el cumplimiento de Nasdaq después de recaudar $ 50 millones, cumpliendo con los requisitos de capital y asegurando la continuación de las operaciones.