Polyrizon Ltd. (PLRZ) surged 37.81 percent to $0.94 after the company announced that the Nasdaq Hearings Panel granted its request for continued listing on the Nasdaq Capital Market.
The panel's determination requires the company to regain compliance with the Minimum Bid Price Rule by October 17, 2025, on the Nasdaq. Shares traded between $0.8150 and $1.3300 during the session on heavy volume of 104.07 million, far above its average of 2.88 million. Polyrizon's 52-week range spans from $0.55 to an extraordinary $1,200.00.
The decision follows a June 26 hearing where Polyrizon outlined plans to address concerns related to its previous private placement and pledged to avoid overly complex or dilutive financing in the future.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.