Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
September 16 2024 - 4:15PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
Report
of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16
Under
the Securities Exchange Act of 1934
For
the Month of September 2024
001-36345
(Commission
File Number)
GALMED
PHARMACEUTICALS LTD.
(Exact
name of Registrant as specified in its charter)
c/o
Meitar Law Offices Abba Hillel Silver Rd.,
Ramat
Gan, 5250608
(Address
of principal executive offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover
Form
20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
On
September 16, 2024, the Nasdaq Listing Qualifications Staff (“Nasdaq”) notified Galmed Pharmaceuticals Ltd. (the “Company”)
that it had regained compliance with the minimum bid price requirement set forth in Nasdaq Listing Rule 5550(a)(2). The Company is now
in compliance with all applicable listing standards and its ordinary shares will continue to be listed and traded on the Nasdaq Stock
Market. The Company was previously notified by Nasdaq on September 19, 2023, that its ordinary shares had failed to maintain a minimum
bid price of $1.00 for 30 consecutive business days. To regain compliance with the minimum bid price requirement, the Company was required
to maintain a minimum closing bid price of $1.00 or more for at least 10 consecutive trading days. From August 30, 2024 through September
13, 2024, a period of 10 consecutive trading days, the closing bid price of the Company’s ordinary shares was greater than $1.00
per share.
This
Form 6-K is incorporated by reference into the Company’s Registration Statement on Form S-8 (Registration No. 333-206292
and 333-227441) and the Company’s Registration Statement on Form F-3 (Registration No. 333-272722).
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
Galmed
Pharmaceuticals Ltd. |
|
|
|
Date:
September 16, 2024 |
By: |
/s/
Allen Baharaff |
|
|
Allen
Baharaff |
|
|
President
and Chief Executive Officer |
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