Medicus Pharma Regains Compliance with Nasdaq Minimum Bid Price Requirement

PHILADELPHIA, Oct. 26, 2026 (GLOBE NEWSWIRE) -- Medicus Pharma Ltd. (NASDAQ: MDCX) (“Medicus” or the “Company”), a precision guided, biotech/life sciences company focused on advancing novel and potentially disruptive therapeutic assets, today announced that it received written notice on October 23, 2026 (the “Compliance Notice”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”) confirming that the Company has regained compliance with the $1.00 minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) for continued listing on the Nasdaq Capital Market. The Compliance Notice follows Nasdaq’s determination that the closing bid price of the Company’s common shares had been at least $1.00 per share for ten consecutive business days, from October 12 through October 23, 2026. Additional details may be found in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission.