Immutep Shares Drop as Investors Face Trial Setback, Lawsuit Date and Nasdaq Alert
Immutep Ltd’s Nasdaq ADRs fell about 5% Wednesday as new law-firm notices highlighted litigation over its failed lung-cancer trial. The stock traded at $0.4778, below the $1 minimum required by Nasdaq, which warned the company on April 30. A securities class-action lawsuit was filed covering ADR purchases from March 2025 to March 2026. Immutep reported A$110.6 million in cash at March 31.