Nemaura Medical Anticipates Release Of A Delisting Determination From Nasdaq Listing Qualifications Staff; Says May Request A Hearing To Address Listing Deficiencies
Portfolio Pulse from Benzinga Newsdesk
Nemaura Medical is expecting a delisting determination from Nasdaq due to listing deficiencies. The company may request a hearing to address these issues.
September 14, 2023 | 12:08 pm
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Nemaura Medical is facing potential delisting from Nasdaq due to listing deficiencies. This could negatively impact the company's stock price in the short term.
Delisting from a major exchange like Nasdaq can negatively impact a company's stock price as it reduces the stock's visibility and liquidity. This news is highly relevant to NMRD as it directly affects its listing status and potential investor confidence.
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