Agile Therapeutics announces delisting from Nasdaq

Agile Therapeutics, Inc. announced that the Company has received a final delisting notice from Nasdaq.

The delisting is a result of failure to regain compliance with the minimum stockholders’ equity requirement for continued listing on the Nasdaq Capital Market set forth in Nasdaq Listing Rule 5550(b)(1) requiring companies listed on the Nasdaq Capital Market to maintain stockholder’s equity of at least $2,500,000. Suspension of trading in the Company’s common stock on the Nasdaq exchange will be effective at the open of trading on March 26, 2024.

Following the Nasdaq delisting, shares of the Company’s common stock will continue to trade publicly. Effective March 26, 2024, the Company’s common stock will be eligible for quotation and trading on the “over the counter” market operated by the OTC Markets Group Inc. (the “OTC Market”). The Company’s trading symbol will remain AGRX. For stock price quotes or additional information on the OTC Market, please visit www.otcmarkets.com. The Company has applied for trading on the OTC-QB market.

The Company does not expect the transition to the OTC Market to affect business operations. The Company remains focused on executing its business plan and will explore any and all strategic opportunities, both internally and externally, that have the ability to maximize Twirla growth, as well as grow shareholder value.

This announcement is made in compliance with Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a Staff delisting determination.
MB Bureau