CASI Pharmaceuticals Delisted from Nasdaq
Analysis based on 7 articles · First reported Feb 25, 2026 · Last updated Feb 25, 2026
The delisting of CASI Pharmaceuticals from Nasdaq is a negative event for its shareholders, as it moves to a less liquid and prestigious market. While CASI Pharmaceuticals states no significant operational impact, the move to OTC Markets Group Inc. may reduce investor confidence and trading volume.
CASI Pharmaceuticals, a clinical-stage biopharmaceutical company, announced that it received a determination letter from The Nasdaq Stock Market's Hearings Panel to delist its securities. The delisting is effective February 26, 2026, due to the company's failure to satisfy continued listing conditions. CASI Pharmaceuticals does not intend to appeal the decision and expects its ordinary shares to be quoted on the OTC Markets Group Inc. following the delisting. The company stated that the delisting will not significantly impact its operations.
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