InflaRx (Nasdaq: IFRX) back in line with Nasdaq minimum bid price rule
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
InflaRx N.V. has regained compliance with Nasdaq’s minimum bid price requirement, removing a prior listing deficiency. Nasdaq confirmed that the company’s ordinary shares closed at $1.00 per share or higher for 10 consecutive business days from April 13 to April 24, 2026, satisfying Listing Rule 5450(a)(1). The earlier notice had given InflaRx until September 7, 2026 to cure the deficiency, but Nasdaq now considers the matter closed and the company’s listing status restored to good standing.
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Insights
InflaRx has cured its Nasdaq bid-price deficiency, stabilizing its listing status.
InflaRx N.V. previously received a Nasdaq notice because its ordinary shares traded below $1.00 for 30 consecutive business days. Nasdaq rules allow 180 days, until September 7, 2026, for companies to regain compliance.
The written notice dated April 27, 2026 confirms the stock closed at or above $1.00 for 10 straight business days, from April 13 to April 24, meeting Listing Rule 5450(a)(1). Nasdaq now regards the deficiency matter as closed.
This outcome removes an immediate delisting risk tied specifically to the minimum bid price. Future listing status will continue to depend on the share price and compliance with other Nasdaq requirements, as highlighted in the company’s broader SEC risk factor disclosures.
Key Figures
Minimum bid price threshold: $1.00 per share
Consecutive days at or above $1.00: 10 business days
Initial compliance period end date: September 7, 2026
+1 more
4 metrics
Minimum bid price threshold
$1.00 per share
Nasdaq Listing Rule 5450(a)(1) requirement
Consecutive days at or above $1.00
10 business days
From April 13, 2026 to April 24, 2026
Initial compliance period end date
September 7, 2026
Deadline to regain compliance with minimum bid rule
Notice date confirming compliance
April 27, 2026
Nasdaq written notice to InflaRx
Key Terms
Minimum Bid Price Requirement, Nasdaq Listing Rule 5450(a)(1), Form 6-K, foreign private issuer, +1 more
5 terms
Minimum Bid Price Requirement regulatory
"it has regained compliance with Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1)"
A minimum bid price requirement is a rule that a stock must trade above a set price for a specified period to stay listed on an exchange. It matters to investors because falling below that threshold can trigger warnings or removal from the exchange, which can cut liquidity, reduce visibility, and often lead to sharper declines in share value—think of it like a venue’s minimum dress code that, if not met, can bar a performer from the stage.
Nasdaq Listing Rule 5450(a)(1) regulatory
"Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1)"
Nasdaq Listing Rule 5450(a)(1) is a continued-listing standard that sets a minimum share price companies must maintain to remain listed on the Nasdaq market—commonly a $1.00 per-share threshold. Investors care because falling below that floor can trigger a compliance review and possible delisting, which is like failing a minimum grade and losing access to the public market; delisting can reduce liquidity, visibility and the ability to raise capital.
Form 6-K regulatory
"This report on Form 6-K (the “Report”) shall be deemed to be incorporated by reference"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
foreign private issuer regulatory
"FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.
forward-looking statements regulatory
"This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private
Issuer Pursuant to Rule
13a-16 or 15d-16 under the
Securities Exchange Act
of 1934
For the month of April 2026
Commission File
Number: 001-38283
InflaRx N.V.
Winzerlaer Str. 2
07745 Jena,
Germany
(+49) 3641508180
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
EXPLANATORY NOTE
As previously disclosed, on March 11, 2026, InflaRx N.V. (the “Company”) was notified by the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) that the closing bid price per
share for the Company’s ordinary shares was below $1.00 for a period of thirty (30) consecutive business days and that the Company was not in compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5450(a)(1) (the “Minimum
Bid Price Requirement”).
Pursuant to Nasdaq Listing Rule 5810(c)(3)(A), the Company had been provided with an initial compliance period of 180 calendar days, or until September 7, 2026, to regain compliance with the Minimum
Bid Price Requirement.
On April 27, 2026, Nasdaq provided confirmation to the Company that for 10 consecutive business days, from April 13, 2026 to April 24, 2026, the closing bid price of the Company’s ordinary shares has
been at $1.00 per share or greater. Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5450(a)(1) and the matter is now closed.
This report on Form 6-K (the “Report”) shall be deemed to be incorporated by reference into (i) the registration statements on Form S-8 (File No. 333-221656 and 333-240185) and (ii) the registration
statement on Form F-3 (File No. 333-273058) of the Company and to be a part thereof from the date on which this Report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished.
A copy of the press release is attached as Exhibit 99.1 to this Report. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the
“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.
EXHIBIT INDEX
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Exhibit No.
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Description
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99.1
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Press Release, dated April 28, 2026
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
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INFLARX N.V.
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Date: April 28, 2026
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By:
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/s/ Niels Riedemann
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Name:
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Niels Riedemann
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Title:
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Chief Executive Officer
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Exhibit 99.1
InflaRx Regains Compliance with Nasdaq Minimum Bid Price Requirement
Jena, Germany, April 28, 2026 – InflaRx N.V. (Nasdaq: IFRX), a biopharmaceutical company pioneering anti-inflammatory therapeutics by targeting the complement system (the “Company”), today announced that it has received a written notice (the “Notice”), dated April 27,
2026, from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) informing the Company that it has regained compliance with Nasdaq’s minimum bid price requirement set forth under Nasdaq Listing Rule 5450(a)(1) (the
“Minimum Bid Price Requirement”).
According to the Notice, the Company regained compliance with the Minimum Bid Price Requirement because the closing bid price of the Company’s
ordinary shares has been $1.00 per share or greater for 10 consecutive business days, from April 13, 2026 to April 24, 2026, and the matter is now closed.
About InflaRx N.V.
InflaRx (Nasdaq: IFRX) is a biopharmaceutical company pioneering anti-inflammatory therapeutics by applying its proprietary anti-C5a and anti-C5aR technologies to
discover, develop and commercialize highly potent and specific inhibitors of the complement activation factor C5a and its receptor, C5aR. C5a is a powerful inflammatory mediator involved in the progression of a wide variety of inflammatory diseases.
InflaRx‘s lead program is izicopan, an orally administered small molecule inhibitor of C5a-induced signaling via the C5a receptor, which has shown promising PK/PD characteristics as well as therapeutic potential in Phase 1 and Phase 2a clinical
studies. The Company is developing izicopan for the treatment of several inflammatory diseases, including hidradenitis suppurativa. InflaRx also has developed vilobelimab, a novel, intravenously delivered, first-in-class, anti-C5a monoclonal antibody
that selectively binds to free C5a and has demonstrated disease-modifying clinical activity and tolerability in multiple clinical studies.
InflaRx was founded in 2007, and the group has offices and subsidiaries in Jena and Munich, Germany, as well as Ann Arbor, MI, USA. For further information, please visit
www.inflarx.de. InflaRx GmbH (Germany) and InflaRx Pharmaceuticals Inc. (USA) are wholly owned subsidiaries of InflaRx N.V. (together, InflaRx).
Contacts:
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InflaRx N.V.
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MC Services AG
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Jan Medina, CFA
Vice President, Head of Investor Relations
Email: IR@inflarx.de
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Katja Arnold, Laurie Doyle, Dr. Regina Lutz
Email: inflarx@mc-services.eu
Europe: +49 89-210 2280
U.S.: +1-339-832-0752
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FORWARD-LOOKING STATEMENTS
This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated
by terms such as “may,” “will,” “should,” “expect,” “plan,” “anticipate,” “could,” “intend,” “target,” “project,” “estimate,” “believe,” “predict,” “potential” or “continue,” among others, statements regarding our compliance with the Minimum Bid
Price Rule and listing or trading of our ordinary shares. Forward-looking statements appear in a number of places throughout this release and may include statements regarding our intentions, beliefs, projections, outlook, analyses, current
expectations and the risks, uncertainties and other factors described under the headings, “Risk factors” and “Cautionary statement regarding forward looking statements”, in our periodic filings with the SEC. These statements speak only as of the date
of this press release and involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements
expressed or implied by the forward-looking statements. Given these risks, uncertainties and other factors, you should not place undue reliance on these forward-looking statements, and we assume no obligation to update these forward-looking
statements, even if new information becomes available in the future, except as required by law.
FAQ
What did InflaRx (IFRX) announce in its April 2026 Form 6-K?
InflaRx announced it has regained compliance with Nasdaq’s minimum bid price requirement. Nasdaq confirmed the company’s shares closed at or above $1.00 for 10 consecutive business days, so the earlier listing deficiency related to bid price is now considered resolved.
How did InflaRx (IFRX) regain compliance with Nasdaq’s minimum bid price rule?
InflaRx regained compliance because its ordinary shares had a closing bid price of at least $1.00 for 10 straight business days, from April 13 to April 24, 2026. Nasdaq’s Listing Qualifications Department then issued written confirmation that the minimum bid price requirement was satisfied.
What Nasdaq rule was InflaRx (IFRX) previously not meeting?
InflaRx previously was not meeting Nasdaq Listing Rule 5450(a)(1), which requires a minimum $1.00 bid price for listed shares. After the stock traded below $1.00 for 30 consecutive business days, Nasdaq issued a deficiency notice granting time to cure the issue.
When was InflaRx’s original Nasdaq compliance deadline before regaining status?
Nasdaq initially gave InflaRx until September 7, 2026, a 180‑day compliance period, to restore its minimum bid price to at least $1.00. The company achieved the required 10 consecutive days above that level earlier, leading Nasdaq to close the bid-price deficiency matter.
Does InflaRx’s Form 6-K affect its existing registration statements?
Yes. The Form 6-K is incorporated by reference into InflaRx’s Form S-8 registration statements and its Form F-3 registration statement. This means the information about restored Nasdaq bid-price compliance becomes part of those effective SEC registration documents unless later superseded.
What does InflaRx (IFRX) say about forward-looking statements in this release?
InflaRx states the press release contains forward-looking statements, including regarding compliance and listing or trading of its ordinary shares. It cautions that various risks and uncertainties, detailed in its SEC filings, could cause actual results to differ from these expectations, and disclaims any duty to update.