Talphera, Inc. (TLPH) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Talphera, Inc. is facing significant business risk if it fails to meet Nasdaq’s continued listing requirements, including minimum bid price and public float stipulations. A delisting would likely reduce the stock’s liquidity and marketability, making it harder for shareholders to buy or sell shares. This could negatively impact Talphera’s public perception and capital-raising efforts. Additionally, delisting could subject the company to more stringent regulations under state blue sky laws and federal securities law, further complicating the sale of securities and potentially classifying Talphera’s common stock as a “penny stock.”
The average TLPH stock price target is $6.00, implying 428.63% upside potential.
To learn more about Talphera, Inc.’s risk factors, click here.