Financial PositionVirpax is capital constrained to file INDs and advance the products into clinical trials.
Leadership And ManagementVirpax's CEO and CFO both resigned, along with multiple board members, due to disagreements with execution of policies, practices, and procedures.
Stock PerformanceVirpax received a deficiency letter from Nasdaq since the stock was trading below <$1 for 30 consecutive business days and has until 4/2/25 to regain compliance.