The delisting is already priced in as the stock has been suspended and trading OTC since January 21, 2026. This 25-NSE finalizes the deregistration process with the SEC. Traders should watch for any subsequent steps such as a potential voluntary deregistration under Section 12(g) or going-private transaction, which would further reduce liquidity and transparency.
Price Chart
Executive Summary
Nasdaq has finalized the delisting of Synlogic, Inc. (SYBX) common stock, effective May 28, 2026, following a withdrawal of the company's appeal and a January 2026 suspension. The stock has already been trading OTC since its suspension on January 21, 2026, making this 25-NSE filing a formal deregistration step with limited incremental trading impact.
Key Facts
- Nasdaq Staff determined Synlogic no longer qualified for listing under Listing Rule 5101, with initial notification on November 21, 2025.
- Synlogic withdrew its appeal on January 16, 2026, and the Panel's decision to suspend the stock from the Exchange took effect on January 21, 2026.
- Delisting becomes final at the opening of trading on May 28, 2026 — formal removal from Nasdaq registration.
- Stock has been trading OTC since January 21, 2026 suspension; this filing is the final deregistration step.
Financial Impact
Complete loss of Nasdaq listing and registration for SYBX common stock; no transaction value or financial details provided in the filing.
Risk Factors
- Further reduced liquidity and institutional ownership as the stock is removed from all national exchange trading.
- Potential risk of a going-private transaction or additional deregistration, eliminating public reporting obligations and further limiting shareholder exit options.
- Possible downward re-rating as the company loses Nasdaq qualification, which may affect any remaining analyst coverage or investor interest.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0001354457-26-000470 |
| Document: 0001354457-26-000470-index-headers.html | 0001354457-26-000470 |
| Document: 0001354457-26-000470-index.html | 0001354457-26-000470 |
| Document: 0001354457-26-000470.txt | 0001354457-26-000470 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 29, 2026 9w ago | 425 / 8-K | $1.12 $1.22 | ▼ −8.93% | ▼ −3.91% | $1.11 (+0.89%) |
May 18, 2026 19w ago | 25-NSE | $0.6600 $0.6150 | ▲ +6.82% | ▲ +8.40% | $1.11 (−68.18%) |
Apr 30, 2026 22w ago | 10-K/A | $0.6050 $0.6900 | ▲ +14.05% | ▲ +8.78% | $1.11 (+83.47%) |
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