EX-99.25 2 plxpdelistreason.txt Delisting Determination, The Nasdaq Stock Market, LLC, May 2, 2023, PLx Pharma Inc. The Nasdaq Stock Market LLC (the Exchange) has determined to remove from listing the common stock of PLx Pharma Inc., effective at the opening of the trading session on May 12, 2023. Based on review of information provided by the Company, Nasdaq Staff determined that the Company no longer qualified for listing on the Exchange pursuant to Listing Rules 5101, 5110(b), and IM-5101-1. The Company was notified of the Staff determination on April 4, 2023. The Company did not appeal the Staff determination to the Hearings Panel. The Company securities were suspended on April 13, 2023. The Staff determination to delist the Company securities became final on April 13, 2023.