NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
UNITED STATES
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
Commission File Number 001-39619
Issuer: Kiromic Biopharma, Inc.
Exchange: Nasdaq Stock Market LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 7707 Fannin, Suite 140
Houston TEXAS 77054
Telephone number: (832) 968-4888
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Common Stock
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. 1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.
2023-11-20 By Aravind Menon Hearings Advisor
Date Name Title
1 Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Delisting Determination, The Nasdaq Stock Market, LLC, November 20, 2023,
Kiromic BioPharma, Inc.
The Nasdaq Stock Market LLC (the Exchange) has determined to remove
from listing the securities of Kiromic BioPharma, Inc., effective at the
opening of the trading session on November 30, 2023.
Based on review of information provided by the Company, Nasdaq
Staff determined that the Company no longer qualified for listing
on the Exchange pursuant to Listing Rule 5550(a)(2) and 5550(b)(1).
The Company was notified of the Staff determination on March 14, 2023.
On March 21, 2023, the Company exercised its right to appeal the Staff
determination to the Listing Qualifications Hearings Panel (Panel)
pursuant to Rule 5815. On March 28, 2023, the Panel issued a partial
compliance letter as the Company had cured its deficiency under Rule
5550(a)(2). On May 11, 2023, upon review of the information provided by
the Company, the Panel determined to grant the Company request to remain
listed in the Exchange subject to a series of milestones. Based on the
Company failure to meet the terms of the exception, on September 12, 2023,
the Panel issued a final decision denying the Company continued listing
and notified the Company that trading in the Company securities would be
suspended on September 14, 2023. The Company did not appeal the Panel
decision to the Nasdaq Listing and Hearing Review Council (Council) and
the Council did not call the matter for review. The Staff determination
to delist the Company became final on October 27, 2023.