Eloxx Pharmaceuticals Granted Extension By Nasdaq To Regain Compliance With The Market Value Of Listed Securities Continued Listing Requirement
Portfolio Pulse from Benzinga Newsdesk
Eloxx Pharmaceuticals has been granted an extension by Nasdaq to regain compliance with the market value of listed securities continued listing requirement.
August 04, 2023 | 1:30 pm
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Eloxx Pharmaceuticals has been granted an extension by Nasdaq to regain compliance, which may provide some relief to the company and its investors.
The extension granted by Nasdaq allows Eloxx Pharmaceuticals more time to regain compliance with the market value of listed securities requirement. This could potentially alleviate some of the pressure on the company and may be seen as a positive sign by investors, possibly leading to a short-term increase in the stock price.
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