PainReform Announces Receipt of Nasdaq Minimum Bid Price Notification

May 31, 2024

https://www.globenewswire.com/news-release/2024/05/31/2891746/0/en/PainReform-Announces-Receipt-of-Nasdaq-Minimum-Bid-Price-Notification.html

TEL AVIV, Israel, May 31, 2024 (GLOBE NEWSWIRE) — PainReform Ltd. (Nasdaq:PRFX) (“PainReform” or the “Company“), a clinical-stage specialty pharmaceutical company focused on the reformulation of established therapeutics, today announced that the Company received a letter from the Nasdaq Listing Qualifications (the “Letter”), indicating that the Company is not in compliance with the minimum bid price requirement for continued listing set forth in Listing Rule 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share.

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