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    SEC Form 8-K filed by CytomX Therapeutics Inc.

    5/28/25 4:06:12 PM ET
    $CTMX
    Biotechnology: Pharmaceutical Preparations
    Health Care
    Get the next $CTMX alert in real time by email
    8-K
    false 0001501989 0001501989 2025-05-27 2025-05-27
     
     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

    FORM 8-K

     

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d)

    of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): May 27, 2025

     

     

    CYTOMX THERAPEUTICS, INC.

    (Exact name of Registrant as Specified in Its Charter)

     

     

     

    Delaware   001-37587   27-3521219

    (State or Other Jurisdiction

    of Incorporation)

     

    (Commission

    File Number)

     

    (IRS Employer

    Identification No.)

     

    151 Oyster Point Blvd, Suite 400

    South San Francisco, California

      94080
    (Address of Principal Executive Offices)   (Zip Code)

    Registrant’s telephone number, including area code: (650) 515-3185

    Former Name or Former Address, if Changed Since Last Report: N/A

     

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

     

    ☐

    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

     

    ☐

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

     

    ☐

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

     

    ☐

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading
    Symbol(s)

     

    Name of each exchange
    on which registered

    Common Stock, $0.00001 par value per share   CTMX   Nasdaq Global Select Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     
     


    Item 8.01

    Other Events.

    As previously reported, on February 24, 2025, CytomX Therapeutics, Inc. (the “Company”) was notified by the staff (the “Staff”) of the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) that its common stock, par value $0.00001 per share (the “Common Stock”), failed to maintain a minimum bid price of $1.00 per share for the previous 30 consecutive business days, as required by Nasdaq Listing Rule 5450(a)(1) (the “Minimum Bid Price Requirement”).

    On May 27, 2025, the Staff notified that Company it had determined that for the 10 consecutive trading days ended on May 23, 2025, the closing price of the Common Stock had been $1.00 per share or greater. Accordingly, the Company has regained compliance with the Minimum Bid Price Requirement and the matter is now closed.


    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Date: May 28, 2025   CYTOMX THERAPEUTICS, INC.
        By:  

    /s/ Christopher W. Ogden

          Christopher W. Ogden
          SVP, Chief Financial Officer
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