Nasdaq to Suspend Windtree Trading
Nasdaq has told Windtree Therapeutics (WINT) it will remove its stock from the exchange for failing to meet rules. The company said in a U.S. SEC filing that it broke Nasdaq Listing Rule 5550(a)(2), which requires shares to stay above $1.
Windtree CEO Jed Latkin confirmed that Nasdaq will stop trading of the company’s shares on Aug. 21, 2025.
Windtree Stock Collapse
According to Yahoo Finance, Windtree shares are down over 90% in one month and more than 99% this year. The stock fell 76% in one day, closing at $0.11. WINT first slipped under $1 in May and has not recovered since.
In July, Nasdaq also moved to delist bitcoin miner Argo (ARGO) for failing the same rule.
Psst… here’s a pro tip! Stocks under $1 for too long risk delisting — always track bid prices.
Stock Performance Snapshot
| Stock | Last Price | 1-Month Drop | YTD Drop |
|---|---|---|---|
| WINT | $0.11 | -90% | -99% |
Windtree’s Crypto Treasury Bet
Windtree is one of a few digital asset treasury (DAT) companies that raise cash to invest in crypto. In July, the firm signed a $500M equity line with an unnamed investor and a $20M deal with Build and Build Corp to buy BNB tokens.
This made Windtree one of the first U.S. public firms to invest deeply in the BNB Chain token.
Yet, the company’s pivot has not stopped its collapse. Other DAT firms, like Sharplink, have also seen shares fall after weak earnings.
BNB Price Update
While Windtree struggles, BNB price is up nearly 5% today at $877, rising from $708 at the start of the year, according to The Block.
