{"id":799675,"date":"2025-01-10T17:18:15","date_gmt":"2025-01-10T22:18:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/matinas-biopharma-receives-nyse-noncompliance-notice\/"},"modified":"2025-01-10T17:18:15","modified_gmt":"2025-01-10T22:18:15","slug":"matinas-biopharma-receives-nyse-noncompliance-notice","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/matinas-biopharma-receives-nyse-noncompliance-notice\/","title":{"rendered":"Matinas BioPharma Receives NYSE Noncompliance Notice"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">BEDMINSTER, N.J. , Jan.  10, 2025  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=qb1HHh-7BoDr3e2cTK3XuK5vOFdoebS8Qhb97jUgV0sIMhaXcUKCtORUq7DN5LgVqGFqt8LBrT73W53GxsdTWdUgCCb8jr8YMeG-hI3w_Ug=\" rel=\"nofollow\" target=\"_blank\">Matinas BioPharma<\/a> Holdings, Inc. (NYSE American: MTNB) announces that on January 6, 2025, it received a NYSE American LLC notice indicating that the Company has fallen below certain NYSE American continued listing standards because it failed to hold its annual meeting of stockholders for the fiscal year ending on December 31, 2024, as set forth in Section 704 of the NYSE American Company Guide.<\/p>\n<p>The Company intends to hold its annual meeting no later than December 31, 2025 in order to regain compliance under the NYSE American Company Guide.<\/p>\n<p align=\"justify\">\n        <strong>About Matinas BioPharma<\/strong>\n      <\/p>\n<p align=\"justify\">Matinas BioPharma is a biopharmaceutical company focused on delivering groundbreaking therapies using its lipid nanocrystal (LNC) platform delivery technology.<\/p>\n<p align=\"justify\">For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Wl0hUq_avC_PQHRYZtdZfzGMu6CLjPfBfkz69DitvvParWvthsxKivnswksKpvMDGs5pKzEzlYxiYV0-jBug8F2idO2JVWnUQHy_aISwNMY=\" rel=\"nofollow\" target=\"_blank\">www.matinasbiopharma.com<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>Forward-looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This release contains &#8220;forward-looking statements&#8221; within the meaning of the Private Securities Litigation Reform Act of 1995, including those relating to compliance with NYSE American listing requirements, and other statements that are predictive in nature, that depend upon or refer to future events or conditions. All statements other than statements of historical fact are statements that could be forward-looking statements. Forward-looking statements include words such as &#8220;expects,&#8221; &#8220;anticipates,&#8221; &#8220;intends,&#8221; &#8220;plans,&#8221; &#8220;could,&#8221; &#8220;believes,&#8221; &#8220;estimates&#8221; and similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results to be materially different from any future results expressed or implied by the forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, including, but not limited to, the sale of MAT 2203, and the evaluation of other alternatives for the Company, including a winddown or dissolution of the Company; and the other factors listed under &#8220;Risk Factors&#8221; in our filings with the SEC, including Forms 10-K, 10-Q and 8-K. Investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this release. Except as may be required by law, the Company does not undertake any obligation to release publicly any revisions to such forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Matinas BioPharma\u2019s product candidates are all in a development stage and are not available for sale or use.<\/p>\n<p align=\"justify\">\n        <strong>Investor Contact<\/strong><br \/>\n        <br \/>Jerome D. Jabbour<br \/>Chief Executive Officer<br \/>(908) 484-8805<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=EoDbAeKhXyPYx0L9VPsd5pTdDk7yQ_RZ9nvqjw3hV0ksW5aWtESvc5tWYBfMrmmJrDxfAs089m9A17RsUDvdxtE1ZxSvFk6naxEZR-infombDwlhAVS_U1cCD5WXT0Kv\" rel=\"nofollow\" target=\"_blank\">operations@matinasbiopharma.com<\/a><\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMDE0MCM2Njg4ODIxIzIwMjM2MTg=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZTUzOWIwNmYtYmMzNS00MjdjLWJkMzQtNmViOWQ0MWNjOTU4LTEwMzUxODY=\/tiny\/Matinas-BioPharma-Holdings-Inc.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BEDMINSTER, N.J. , Jan. 10, 2025 (GLOBE NEWSWIRE) &#8212; Matinas BioPharma Holdings, Inc. (NYSE American: MTNB) announces that on January 6, 2025, it received a NYSE American LLC notice indicating that the Company has fallen below certain NYSE American continued listing standards because it failed to hold its annual meeting of stockholders for the fiscal year ending on December 31, 2024, as set forth in Section 704 of the NYSE American Company Guide. The Company intends to hold its annual meeting no later than December 31, 2025 in order to regain compliance under the NYSE American Company Guide. About Matinas BioPharma Matinas BioPharma is a biopharmaceutical company focused on delivering groundbreaking therapies using its lipid nanocrystal (LNC) platform delivery technology. &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/matinas-biopharma-receives-nyse-noncompliance-notice\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Matinas BioPharma Receives NYSE Noncompliance Notice&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-799675","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Matinas BioPharma Receives NYSE Noncompliance Notice - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/matinas-biopharma-receives-nyse-noncompliance-notice\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Matinas BioPharma Receives NYSE Noncompliance Notice - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BEDMINSTER, N.J. , Jan. 10, 2025 (GLOBE NEWSWIRE) &#8212; Matinas BioPharma Holdings, Inc. (NYSE American: MTNB) announces that on January 6, 2025, it received a NYSE American LLC notice indicating that the Company has fallen below certain NYSE American continued listing standards because it failed to hold its annual meeting of stockholders for the fiscal year ending on December 31, 2024, as set forth in Section 704 of the NYSE American Company Guide. The Company intends to hold its annual meeting no later than December 31, 2025 in order to regain compliance under the NYSE American Company Guide. About Matinas BioPharma Matinas BioPharma is a biopharmaceutical company focused on delivering groundbreaking therapies using its lipid nanocrystal (LNC) platform delivery technology. &hellip; Continue reading &quot;Matinas BioPharma Receives NYSE Noncompliance Notice&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/matinas-biopharma-receives-nyse-noncompliance-notice\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-10T22:18:15+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTMzMDE0MCM2Njg4ODIxIzIwMjM2MTg=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matinas-biopharma-receives-nyse-noncompliance-notice\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matinas-biopharma-receives-nyse-noncompliance-notice\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Matinas BioPharma Receives NYSE Noncompliance Notice\",\"datePublished\":\"2025-01-10T22:18:15+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matinas-biopharma-receives-nyse-noncompliance-notice\\\/\"},\"wordCount\":382,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matinas-biopharma-receives-nyse-noncompliance-notice\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTMzMDE0MCM2Njg4ODIxIzIwMjM2MTg=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matinas-biopharma-receives-nyse-noncompliance-notice\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/matinas-biopharma-receives-nyse-noncompliance-notice\\\/\",\"name\":\"Matinas BioPharma Receives NYSE Noncompliance Notice - 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(NYSE American: MTNB) announces that on January 6, 2025, it received a NYSE American LLC notice indicating that the Company has fallen below certain NYSE American continued listing standards because it failed to hold its annual meeting of stockholders for the fiscal year ending on December 31, 2024, as set forth in Section 704 of the NYSE American Company Guide. The Company intends to hold its annual meeting no later than December 31, 2025 in order to regain compliance under the NYSE American Company Guide. 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