Centogene Gets Nasdaq Notification Regarding Minimum Market Value Of Publicly Held Shares Deficiency
Portfolio Pulse from Benzinga Newsdesk
Centogene (CNTG) has received a Nasdaq notification regarding a deficiency in the minimum market value of its publicly held shares. The company now has 180 days to regain compliance.
June 14, 2023 | 8:34 pm
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Centogene (CNTG) has been notified by Nasdaq about a deficiency in the minimum market value of its publicly held shares and has 180 days to regain compliance.
The Nasdaq notification indicates that Centogene's stock is not meeting the minimum market value requirement for its publicly held shares. This could lead to potential delisting if the company fails to regain compliance within the 180-day period, which may negatively impact the stock price in the short term.
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