India, July 15 -- 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 futur...