Adial Pharmaceuticals Granted a 180 Calendar Day Extension by Nasdaq to Regain Compliance with the Minimum Bid Price Rule
1. ADIL granted a 180-day extension to comply with Nasdaq's $1 bid requirement. 2. Company must maintain a closing price of at least $1 for ten days. 3. The extension gives ADIL until March 2, 2026 to meet compliance. 4. AD04 shows promising results for Alcohol Use Disorder treatment in trials. 5. ADIL is focused on therapies for addiction-related disorders.