XORTX Therapeutics Inc. (“XORTX” or the “Company”) (NASDAQ: XRTX | TSXV: XRTX | Frankfurt: ANU), a late-stage clinical pharmaceutical company focused on developing innovative therapies to treat gout and progressive kidney disease, is pleased to announce that it has received a letter of compliance from the Nasdaq Stock Market LLC’s (“Nasdaq”) Listing Qualifications Department in connection with Nasdaq Rule 5550(a)(2) that requires a listed company’s shares to maintain a minimum bid price of US$1.00 per share (the “Minimum Bid Requirement”).
XORTX Meets Nasdaq Continued Listing Requirements
