Baudax Bio Received A Determination From The Nasdaq Hearings Panel Granting The Company's Request For The Continued Listing Of Its Common Stock On The Nasdaq Stock Market, Subject To The Company Evidencing Compliance - 8K
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Baudax Bio has been granted a request for the continued listing of its common stock on the Nasdaq Stock Market, subject to the company evidencing compliance.
July 25, 2023 | 12:07 pm
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NEUTRAL IMPACT
Baudax Bio's common stock will continue to be listed on the Nasdaq Stock Market, subject to the company demonstrating compliance. This could potentially stabilize the company's stock price.
The news of Baudax Bio's continued listing on the Nasdaq Stock Market could potentially stabilize the company's stock price as it removes the uncertainty around the stock's listing status. However, the impact is subject to the company's ability to demonstrate compliance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100