CytoSorbents Receives Nasdaq Extension to Regain Compliance

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2026.04.02 11:42
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CytoSorbents Corporation has received a 180-day extension from Nasdaq until September 28, 2026, to regain compliance with the $1.00 minimum bid price requirement for continued listing. The company plans to monitor its share price closely and may consider a reverse stock split. Currently, the stock is rated as a Hold with a price target of $0.54, reflecting concerns over financial quality and regulatory risks. CytoSorbents focuses on blood purification therapies in critical care and cardiac surgery markets.