Entera Bio Regains Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
Entera Bio Ltd. (NASDAQ:ENTX), a leader in orally delivered peptides, has regained compliance with NASDAQ's minimum bid price requirement for continued listing on The NASDAQ Capital Market. This was achieved by maintaining a minimum closing bid price of $1.00 or more for at least 10 consecutive business days as of March 1, 2024.

March 04, 2024 | 1:47 pm
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Entera Bio Ltd. has successfully regained compliance with NASDAQ's minimum bid price requirement, ensuring its continued listing on The NASDAQ Capital Market.
Regaining compliance with NASDAQ's minimum bid price requirement is a significant positive development for Entera Bio Ltd. It removes the immediate risk of delisting, which can be a major concern for investors and can negatively impact stock price and company reputation. Achieving this compliance likely reflects positively on the company's financial health and operational stability, potentially leading to increased investor confidence and a positive short-term impact on the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100