Nasdaq said on December 31, 2025 that the company missed the $1.00 minimum bid price and gets no grace period. Suspension is set for January 9, 2026 unless it appeals by January 7, 2026.
Salarius said $2.4 million from an at-the-market program and $3.8 million from C/M Capital Master Fund, LP lifted its stockholders' equity above the $2.5 million Nasdaq minimum. The figure is preliminary, and Nasdaq has not yet confirmed compliance.
Salarius cut its relative valuation in the Decoy merger from $4.6 million to $2.31 million, so its legacy holders would keep 7.6% of the combined company instead of 14.1%. The 8-K blames "substantial deterioration" in its share price.
Nasdaq says the stock's bid price was below $1.00 for 30 consecutive business days and, after a recent reverse stock split, no compliance period applies. The company plans to appeal by April 30, 2025.
Salarius Pharmaceuticals agreed on December 12, 2024 to let C/M Capital Master Fund, LP purchase up to $10 million of its common stock over 36 months, once a resale registration is effective. The 8-K names no placement agent or counsel, and it gives the company's Nasdaq symbol as SLRX.
Latest balance sheet, Jun 30, 2026 (10-Q): cash and equivalents $8.3 million.
Figures as reported to the SEC in XBRL; each one links to its filing. Not adjusted, not investment advice.
Questions about Decoy Therapeutics
Did Decoy Therapeutics do a reverse stock split?
Our latest story on this, dated Apr 25, 2025: "Salarius Pharmaceuticals (now Decoy Therapeutics) gets Nasdaq delisting notice, plans appeal". The story links the filing or release it is based on. Read the story.
Was Decoy Therapeutics delisted?
Our latest story on this, dated Jan 2, 2026: "Salarius Pharmaceuticals (now Decoy Therapeutics) gets Nasdaq delisting notice, will appeal". The story links the filing or release it is based on. Read the story.
Has Decoy Therapeutics raised money recently?
Our latest story on this, dated Oct 6, 2025: "Salarius (now Decoy Therapeutics) says share sales lift equity above Nasdaq minimum". The story links the filing or release it is based on. Read the story.
Is Decoy Therapeutics involved in a merger or acquisition?
Our latest story on this, dated Jun 11, 2025: "Salarius (now Decoy Therapeutics) cuts its valuation to $2.31 million in merger deal". The story links the filing or release it is based on. Read the story.
What is the ticker symbol of Decoy Therapeutics?
Decoy Therapeutics Inc. trades under the ticker DCOY on NASDAQ.
Where is Decoy Therapeutics listed?
Decoy Therapeutics Inc. is listed on NASDAQ.
What is the SEC CIK of Decoy Therapeutics?
The SEC Central Index Key (CIK) for Decoy Therapeutics Inc. is 1615219. Its filings are on SEC EDGAR.
How many shares does Decoy Therapeutics have outstanding?
655,185 shares as of 2026-08-12, per the cover page of its 10-Q filed 2026-08-12.
Which country or territory is Decoy Therapeutics listed under?
Our directory records Decoy Therapeutics Inc. under United States.
What does Decoy Therapeutics do?
Our directory classifies Decoy Therapeutics Inc. as: Biotechnology. This is a directory classification, not a description of the pipeline.
What is the ISIN of Decoy Therapeutics?
The ISIN recorded for Decoy Therapeutics Inc. is US79400X6022.
Does aibio.space cover Decoy Therapeutics?
aibio.space lists Decoy Therapeutics Inc. among 2,820 public biotech companies and publishes its news here as stories appear.
Where is Decoy Therapeutics incorporated?
SEC records list its state or country of incorporation as DE.
Is Decoy Therapeutics profitable?
Decoy Therapeutics Inc. reported a net loss of $12.5 million for the fiscal year ended Dec 31, 2025, and used $4.8 million of cash in operations, per its annual report to the SEC.
How much does Decoy Therapeutics spend on research and development?
$368,170 in the fiscal year ended Dec 31, 2025, per its annual report.
Investor discussion: Decoy Therapeutics
Members talk about Decoy Therapeutics (DCOY). Reader posts, not aibio.space reporting, and not investment advice.
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Capital-markets timeline
Financings, listing notices, splits, legal actions and other investor events at Decoy Therapeutics, newest first. Each line links the filing it comes from.
Financings
Reported a financing. SEC Form 8-K (Items 1.01,3.02,7.01,9.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01,9.01). Source
Listings
Reported a reverse stock split. SEC Form 8-K (Items 3.03,5.03,8.01,9.01). Source
Listings
Reported a shareholder vote on a reverse stock split or more authorized shares. SEC Form 8-K (Items 5.07). Source
Listings
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01). Source
Listings
Asked shareholders to approve a reverse stock split. SEC Form PRE 14A. Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 7.01). Source
Mergers
Reported completing an acquisition or a sale of assets. SEC Form 8-K (Items 1.01,2.01,3.02,3.03,5.02,5.03,8.01,9.01). Source
Financings
Set up an at-the-market program to sell shares over time. SEC Form 424B4. Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01,9.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01,9.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01,9.01). Source
Listings
Reported a reverse stock split. SEC Form 8-K (Items 3.03,5.03,8.01,9.01). Source
Financings
Set up an at-the-market program to sell shares over time. SEC Form S-3. Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). Source
Listings
Reported a reverse stock split. SEC Form 8-K (Items 1.01,3.03,9.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01,9.01). Source
Listings
Reported a shareholder vote on a reverse stock split or more authorized shares. SEC Form 8-K (Items 5.07). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 8.01). Source
Mergers
Reported a merger or acquisition agreement. SEC Form 8-K (Items 1.01,9.01). Source
Listings
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Listings
Asked shareholders to approve a reverse stock split. SEC Form DEF 14A. Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 3.01). Source
Listings
Reported a notice from its stock exchange about continued listing requirements. SEC Form 8-K (Items 1.01,3.01,9.01). Source
Mergers
Reported a merger or acquisition agreement. SEC Form 8-K (Items 1.01,3.02,7.01,8.01,9.01). Source
Financings
Reported a financing. SEC Form 8-K (Items 1.01,3.02,9.01). Source
Stock chart
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SEC filings and registration
SEC name
Decoy Therapeutics Inc.
CIK
1615219
Industry (SIC)
Pharmaceutical Preparations (2834)
US tickers
DCOY (Nasdaq)
State or country of incorporation
DE
Fiscal year ends
December 31
Filer category
Non-accelerated filer<br>Smaller reporting company
Business address
2450 HOLCOMBE BLVD, HOUSTON, TX, 77021
Phone
346-772-0346
Shares outstanding
655,185 as of 2026-08-12 (10-Q filed 2026-08-12)
Former names
Salarius Pharmaceuticals, Inc.; Flex Pharma, Inc.
Recent filings (8-K and 6-K are the company's own announcements)
Source: SEC EDGAR, retrieved October 23, 2026. Shares outstanding is the cover-page figure from the latest periodic report. The SEC does not publish share prices.
Listing details
Decoy Therapeutics Inc. is a public biotech or pharmaceutical company listed on NASDAQ under the ticker DCOY, recorded under United States. The directory classifies it as Biotechnology. aibio.space tracks 2,820 public biotech companies worldwide and publishes investor news on them.
Listing facts come from our company directory, researched on October 22, 2026. A listing record does not certify that a security currently trades. Tell us about a change. Work at this company? Claim this page.
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