Femasys shares surge 17.60% after-hours after Nasdaq grants 180-day extension to regain $1.00 bid price compliance.

Femasys (FEMY) surged 17.60% in after-hours trading after Nasdaq granted the company a 180-day extension to regain compliance with the minimum bid price requirement. The extension, which provides until July 13, 2026, to restore its share price to at least $1.00 for ten consecutive business days, reduces the immediate risk of delisting and allows Femasys to consider measures such as a reverse stock split to maintain its listing. The news directly addresses the company’s ongoing efforts to address Nasdaq’s listing standards, offering investors temporary relief amid concerns over delisting and weak financial performance.