Nasdaq Notified vTv Therapeutics That The Company Regained Compliance With The Requirement That The Bid Price For The Company's Common Stock Close Above $1.00/Share
Portfolio Pulse from Benzinga Newsdesk
VTv Therapeutics (VTVT) has regained compliance with Nasdaq's minimum bid price requirement by maintaining a closing stock price above $1.00 per share, as notified by Nasdaq according to an SEC 8K filing.

December 12, 2023 | 9:25 pm
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POSITIVE IMPACT
VTv Therapeutics has regained compliance with Nasdaq's listing requirement, which could positively influence investor confidence and stabilize the stock's listing status.
Regaining compliance with Nasdaq's minimum bid price requirement is a positive development for VTv Therapeutics. It removes the immediate risk of delisting, which can be a significant concern for investors and can negatively impact stock price. This news is likely to be viewed positively by the market in the short term, as it suggests a level of stability and may attract investors who were previously cautious due to the non-compliance issue.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100