Late Thursday, Kiora Pharmaceuticals Received Deficiency Letter From NASDAQ; The Compliance Period For The Company Will Expire On January 15, 2024 - 8K
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Kiora Pharmaceuticals has received a deficiency letter from NASDAQ, indicating that the company is not in compliance with NASDAQ's listing rules. The company has until January 15, 2024, to regain compliance.
July 21, 2023 | 8:20 am
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Kiora Pharmaceuticals has received a deficiency letter from NASDAQ, which could potentially lead to its delisting if the company does not regain compliance by January 15, 2024.
Receiving a deficiency letter from NASDAQ is a serious matter for any listed company. It indicates that the company is not meeting the exchange's listing requirements, which could lead to its delisting if not rectified within the given timeframe. This news could negatively impact investor sentiment and potentially lead to a decrease in KPRX's stock price in the short term.
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