October 17, 2017 1:05 AM ET


Company Overview of DNIB Unwind, Inc.

Company Overview

On October 11, 2016, DNIB Unwind, Inc. went out of business as per its Chapter 11 liquidation filing under bankruptcy. DNIB Unwind, Inc. engaged in the development of novel targeted therapeutics primarily for the treatment of cancer in the United States and Russia. The company was formerly known as BIND Therapeutics, Inc. and changed its name to DNIB Unwind, Inc. in August 2016. DNIB Unwind, Inc. was founded in 2006 and is based in Cambridge, Massachusetts.

325 Vassar Street

Cambridge, MA 02139

United States

Founded in 2006

114 Employees



Key Executives for DNIB Unwind, Inc.

DNIB Unwind, Inc. does not have any Key Executives recorded.

DNIB Unwind, Inc. Key Developments

DNIB Unwind, Inc. Files Form 15

DNIB Unwind, Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its common stock under the Securities Exchange Act of 1934, as amended. The par value of the company's common stock was $0.0001 per share.

DNIB Unwind, Inc. Deleted From Other OTC

DNIB Unwind, Inc.'s common stock deleted from Other OTC, effective October 11, 2016. The deletion was due to bankruptcy plan effective/shares cancelled.

DNIB Unwind, Inc. To Be Delisted From The Nasdaq Stock Market

On May 2, 2016, DNIB Unwind, Inc. received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying it that its securities would be delisted from Nasdaq due to the Company’s filing on May 1, 2016 for relief under Chapter 11 of the Bankruptcy Code (the “Delisting Determination”). The decision was reached by Nasdaq in accordance with Nasdaq Listing Rules 5101, 5110(b) and IM-5101-1. The Company appealed the Delisting Determination. On May 10, 2016, the Company received a letter from Nasdaq notifying it that it was no longer in compliance with Nasdaq Listing Rule 5450(b)(1)(A) and does not meet the continued listing requirements under the alternative standards of Listing Rule 5450(b). Also on July 28, 2016, the Company notified Nasdaq of its withdrawal from the appeals process and received a letter from Nasdaq notifying it that its common stock will be delisted, with suspension of trading occurring effective at the open of trading on August 1, 2016. On September 26, 2016, Nasdaq filed a Form 25-NSE with the Securities and Exchange Commission (“SEC”) to complete the delisting and remove the Company’s common stock from registration on The Nasdaq Stock Market. According to the Form 25-NSE, the delisting will become effective at the open of trading on October 6, 2016.

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