05:10 AM EDT, 09/20/2024 (MT Newswires) -- Kineta ( KANT ) said Thursday that it has transitioned from Nasdaq to the OTC Market, effective immediately.

The company's stock now trades under the ticker symbol "KANT" on the OTC Pink Open Market platform.

This comes after Kineta ( KANT ) received a notice from the Nasdaq that it has decided to delist the company's common stock from the Nasdaq Capital Market as it failed to meet listing rules such as minimum thresholds of $1 closing bid price and $2.5 million in stockholders' equity.