Form 8-K
8-K — Matinas BioPharma Holdings, Inc.
Accession: 0001493152-26-015170
Filed: 2026-04-03
Period: 2026-04-02
CIK: 0001582554
SIC: 2834 (PHARMACEUTICAL PREPARATIONS)
Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item: Financial Statements and Exhibits
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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): April 2, 2026
MATINAS
BIOPHARMA HOLDINGS, INC.
(Exact
name of registrant as specified in its charter)
Delaware
001-38022
46-3011414
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
ID Number)
1545
Route 206 South, Suite 302
Bedminster,
New Jersey
07921
(Address
of principal executive offices)
(Zip
Code)
Registrant’s
telephone number, including area code: (908) 484-8805
Not
Applicable
(Former
name or former address, if changed since last report.)
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 Instruction 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
Name
of Each Exchange on Which Registered
Common Stock
MTNB
NYSE American
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
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 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On
April 2, 2026, Matinas BioPharma Holdings, Inc. (the “Company”) received a written notice (the “Notice”) from
the NYSE American LLC (the “NYSE American”) indicating that the Company is not in compliance with the NYSE American continued
listing standards set forth in Section 1003(a)(i) of the NYSE American Company Guide (the “Company Guide”) requiring a company
to have stockholders’ equity of at least $2.0 million if it has reported losses from continuing operations and/or net losses in
two of its three most recent fiscal years, Section 1003(a)(ii) of the Company Guide requiring a company to have stockholders’ equity
of at least $4.0 million if it has reported losses from continuing operations and/or net losses in three of its four most recent fiscal
years and Section 1003(a)(iii) of the Company Guide requiring a company to have stockholders’ equity of at least $6.0 million
if it has reported losses from continuing operations and/or net losses in its five most recent fiscal years. As of December 31, 2025,
the Company had stockholders’ equity of $4.83 million and has had losses in the most recent five fiscal years ended December
31, 2025. The Notice also indicates that the Company is not currently eligible for any exemption in Section 1003(a) of the Company Guide.
The
Company is now subject to the procedures and requirements of Section 1009 of the Company Guide. The Company has until May 2, 2026
to submit a plan (the “Plan”) of actions it has taken or will take to regain compliance with the continued listing standards
and may be eligible for up to 18 months from receipt of the Notice (“Cure Period”) to regain compliance. The Company intends
to submit the Plan to regain compliance with NYSE American listing standards. However, there can be no assurance that the Company
will be able to achieve compliance with such standards within the Cure Period. If the NYSE American accepts the Plan, the Company will
be able to continue its listing during the Cure Period and will be subject to periodic reviews including quarterly monitoring for compliance
with the Plan until it has regained compliance. If the Plan is not accepted by the NYSE American, the Notice states that delisting proceedings
will commence. The Company may appeal a staff delisting determination in accordance with Section 1010 and Part 12 of the Company Guide.
The
Notice has no immediate impact on the listing of the Company’s shares of common stock, which will continue to be listed and traded
on the NYSE American, subject to the Company’s compliance with the other listing requirements of the NYSE American. The Notice
does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission.
On
April 3, 2026, the Company issued a press release discussing the matters disclosed in Item 3.01 above. A copy of the press release
is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item
9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
Number
Description
99.1
Press Release, dated April 3, 2026.
104
Cover Page Interactive Data File (embedded within the
Inline XBRL document).
Forward-Looking
Statements
This
Current Report on Form 8-K contains “forward-looking” statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements, other than statements of historical fact, contained in this Current Report on Form 8-K are forward-looking
statements. Forward-looking statements contained in this Current Report on Form 8-K may be identified by the use of words such as “anticipate,”
“believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,”
“seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,”
“suggest,” “target,” “aim,” “should,” “will,” “would,” or the
negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking
statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that
are difficult to predict, including with respect to the Company’s plans related to regaining compliance with the NYSE American’s
continued listing standards. Further, certain forward-looking statements are based on assumptions as to future events that may not prove
to be accurate. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in
these forward-looking statements, as well as risks relating to the business of the Company in general, see the risk disclosures in the
Annual Report on Form 10-K of the Company for the year ended December 31, 2025 and in other filings made with the Securities and Exchange
Commission by the Company. All such forward-looking statements speak only as of the date they are made, and the Company undertakes no
obligation to update or revise these statements, whether as a result of new information, future events or otherwise.
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 hereunto duly authorized.
MATINAS BIOPHARMA HOLDINGS, INC.
Dated: April
3, 2026
By:
/s/
Jerome D. Jabbour
Name:
Jerome
D. Jabbour
Title:
Chief Executive Officer
EX-99.1
EX-99.1
Filename: ex99-1.htm · Sequence: 2
Exhibit
99.1
Matinas
BioPharma Receives Notice of Non-Compliance with NYSE American Continued Listing Standards
BEDMINSTER,
N.J. (April 3, 2026) – Matinas BioPharma Holdings, Inc. (the “Company”) (NYSE American: MTNB) announced today that
on April 2, 2026, it received a notice (the “Notice”) from the NYSE American LLC (the “NYSE American”) stating
that the Company is not in compliance with the NYSE American continued listing standards set forth in Section 1003(a)(i) of the NYSE
American Company Guide (the “Company Guide”) requiring a company to have stockholders’ equity of at least $2.0 million
if it has reported losses from continuing operations and/or net losses in two of its three most recent fiscal years, Section 1003(a)(ii)
of the Company Guide requiring a company to have stockholders’ equity of at least $4.0 million if it has reported losses from continuing
operations and/or net losses in three of its four most recent fiscal years and Section 1003(a)(iii) of the Company Guide requiring a
company to have stockholders’ equity of at least $6.0 million if it has reported losses from continuing operations and/or net losses
in its five most recent fiscal years. As of December 31, 2025, the Company had stockholders’ equity of $4.83 million and has had
losses in the most recent five fiscal years ended December 31, 2025. The Notice also indicates that the Company is not currently eligible
for any exemption in Section 1003(a) of the Company Guide.
The
Company is now subject to the procedures and requirements of Section 1009 of the Company Guide. The Company has until May 2, 2026 to
submit a plan (the “Plan”) of actions it has taken or will take to regain compliance with the continued listing standards
and may be eligible up to 18 months from receipt of the Notice (“Cure Period”) to regain compliance. The Company intends
to submit the Plan to regain compliance with NYSE American listing standards. However, there can be no assurance that the Company will
be able to achieve compliance with such standards within the Cure Period. If the NYSE American accepts the Plan, the Company will be
able to continue its listing during the Cure Period and will be subject to periodic reviews including quarterly monitoring for compliance
with the Plan until it has regained compliance. If the Plan is not accepted by the NYSE American, the Notice states that delisting proceedings
will commence. The Company may appeal a staff delisting determination in accordance with Section 1010 and Part 12 of the Company Guide.
The
Notice has no immediate impact on the listing of the Company’s shares of common stock, which will continue to be listed and traded
on the NYSE American, subject to the Company’s compliance with the other listing requirements of the NYSE American. The Notice
does not affect the Company’s ongoing business operations or its reporting requirements with the Securities and Exchange Commission.
Also,
as disclosed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025, the independent registered public
accounting firm’s report includes an explanatory paragraph regarding substantial doubt about the Company’s ability to continue
as a going concern. Release of this information is required by Section 610(b) of the NYSE American Company Guide. It does not represent
any change or amendment to any of the Company’s filings for the fiscal year ended December 31, 2025.
About
Matinas BioPharma
Matinas
BioPharma is a biopharmaceutical company focused on delivering groundbreaking therapies using its lipid nanocrystal (LNC) platform delivery
technology.
About
MAT2203
Matinas
BioPharma’s MAT2203 is a potential oral broad-spectrum treatment for invasive deadly fungal infections. Although amphotericin B
is a fungicidal agent, it is currently only available through an intravenous route of administration, which is known to be associated
with several significant safety issues such as renal toxicity and anemia due to very high circulating levels of amphotericin B. MAT2203
has the potential to overcome the significant limitations of the currently available amphotericin B products due to its targeted oral
delivery. Combining comparable fungicidal activity with targeted delivery results in a lower risk of toxicity and potentially creates
the ideal antifungal agent for the treatment of invasive fungal infections. MAT2203 was successfully evaluated in the completed Phase
2 EnACT study in HIV patients suffering from cryptococcal meningitis, meeting its primary endpoint and achieving robust survival. MAT2203
was planned to be further evaluated in a single Phase 3 registration trial as an oral step-down monotherapy following treatment with
AmBisome (liposomal amphotericin B) compared with the standard of care in patients with invasive aspergillosis who have limited treatment
options.
For
more information, please visit www.matinasbiopharma.com.
Forward-Looking
Statements
This
release contains “forward-looking” statements within the meaning of the Private Securities Litigation Reform Act of 1995.
All statements, other than statements of historical fact, contained in this release are forward-looking statements. Forward-looking statements
contained in this release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,”
“could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,”
“plan,” “potential,” “predict,” “project,” “suggest,” “target,”
“aim,” “should,” “will,” “would,” or the negative of these words or other similar expressions,
although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current
expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict, including with respect to
the Company’s plans related to regaining compliance with the NYSE American’s continued listing standards. Further, certain
forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a further discussion of
risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as
risks relating to the business of the Company in general, see the risk disclosures in the Annual Report on Form 10-K of the Company for
the year ended December 31, 2025 and in other filings made with the Securities and Exchange Commission by the Company. All such forward-looking
statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise these statements, whether
as a result of new information, future events or otherwise.
Investor
Contact
Jerome
D. Jabbour
Chief
Executive Officer
(908)
484-8805
operations@matinasbiopharma.com
#
# #
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