Polyrizon Ltd. regains Nasdaq compliance, allowing continued trading of its intranasal hydrogel technology under ticker PLRZ.
Quiver AI Summary
Polyrizon Ltd., a biotechnology company based in Ra'anana, Israel, announced that it has regained compliance with Nasdaq listing requirements, confirmed by the Hearings Advisor on August 13, 2025. The company met the minimum bid price rule stipulated by Nasdaq and satisfactorily completed conditions set by the Nasdaq Hearings Panel in a previous ruling. As a result, Polyrizon will continue trading under the ticker symbol “PLRZ.” The company focuses on developing intranasal products utilizing proprietary hydrogel technology that acts as a protective barrier against viruses and allergens and is also working on delivering active pharmaceutical ingredients through its pre-clinical Trap and Target technology.
Potential Positives
- Polyrizon Ltd. has regained compliance with Nasdaq listing requirements, allowing it to continue trading on the Nasdaq Capital Market under the ticker symbol “PLRZ.”
- The company demonstrated compliance with the minimum bid price requirement, indicating stability and confidence in its stock performance.
- This formal confirmation from the Nasdaq Hearings Panel underscores the company's ability to meet regulatory standards, which may enhance investor confidence.
- Polyrizon's innovative technology, including the C&C hydrogel technology and T&T for drug delivery, positions it well in the biotechnology market, potentially attracting further investment and interest.
Potential Negatives
- The company has recently regained compliance with Nasdaq listing requirements, indicating previous non-compliance issues which could raise concerns about its financial stability and operational performance.
- The mention of "forward-looking statements" suggests uncertainty in the company's future performance, and highlights risks that could negatively impact investors' confidence.
- The reliance on innovative but still developing technologies, such as C&C and T&T, may not have a guaranteed successful outcome, posing a risk regarding the company’s long-term viability.
FAQ
What recent compliance milestone did Polyrizon achieve?
Polyrizon has regained compliance with Nasdaq listing requirements, confirmed by the Hearings Advisor on August 13, 2025.
Under which ticker symbol does Polyrizon trade?
Polyrizon continues to trade on the Nasdaq Capital Market under the ticker symbol “PLRZ.”
What is the focus of Polyrizon's biotechnology products?
Polyrizon specializes in developing intranasal products using hydrogel technology to create barriers against viruses and allergens.
What is the unique technology used by Polyrizon?
Polyrizon's proprietary technology is called Capture and Contain TM, which forms a hydrogel barrier in the nasal cavity.
What is the purpose of the Trap and Target ™ technology?
The Trap and Target ™ technology aims to improve the nasal delivery of active pharmaceutical ingredients (APIs).
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
Full Release
Ra’anana, Israel, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Polyrizon Ltd. (Nasdaq: PLRZ) (“Polyrizon” or the “Company”), a biotechnology company focusing on the development of intranasal products, today announced that it has received formal confirmation from the Hearings Advisor (the “Hearings Advisor”) of the Office of the General Counsel of the Nasdaq Hearings Panel (the “Nasdaq Hearings Panel”) of The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with all applicable listing requirements.
In a letter dated August 13, 2025, the Hearings Advisor informed the Company that it has demonstrated compliance with the minimum bid price requirement for continued listing set forth in Nasdaq Listing Rule 5550(a)(2) and satisfied the conditions of the Nasdaq Hearings Panel’s decision dated July 9, 2025.
This confirmation satisfies all conditions previously outlined by the Nasdaq Hearings Panel, and Polyrizon will continue to trade on the Nasdaq Capital Market under the ticker symbol “PLRZ.”
About Polyrizon
Polyrizon is a development stage biotech company specializing in the development of innovative medical device hydrogels delivered in the form of nasal sprays, which form a thin hydrogel-based shield containment barrier in the nasal cavity that can provide a barrier against viruses and allergens from contacting the nasal epithelial tissue. Polyrizon’s proprietary Capture and Contain TM, or C&C, hydrogel technology, comprised of a mixture of naturally occurring building blocks, is delivered in the form of nasal sprays, and potentially functions as a “biological mask” with a thin shield containment barrier in the nasal cavity. Polyrizon are further developing certain aspects of our C&C hydrogel technology such as the bioadhesion and prolonged retention at the nasal deposition site for intranasal delivery of drugs. Polyrizon refers to its additional technology, which is in an earlier stage of pre-clinical development, that is focused on nasal delivery of active pharmaceutical ingredients, or APIs, as Trap and Target ™, or T&T. For more information, please visit https://polyrizon-biotech.com .
Forward Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and other securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 11, 2025 and subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Polyrizon is not responsible for the contents of third-party websites.
Contacts:
Michal Efraty
Investor Relations