On May 2, Nasdaq Notified NeuBase Therapeutics Inc That It Has Not Regained Compliance With Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
NeuBase Therapeutics Inc was notified by Nasdaq on May 2 that it has not regained compliance with the minimum bid price requirement, according to an SEC filing.
May 03, 2024 | 8:02 pm
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NeuBase Therapeutics Inc received a notification from Nasdaq about failing to meet the minimum bid price requirement.
Receiving a notification from Nasdaq about non-compliance with the minimum bid price requirement is a significant regulatory issue that can affect investor confidence and potentially lead to delisting if not rectified. This news is likely to negatively impact investor sentiment and the stock price of NeuBase Therapeutics in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100