Marpai Withdraws From Nasdaq Hearings Process; Transitions Trading To OTCQX Market
Portfolio Pulse from Benzinga Newsdesk
Marpai has decided to withdraw from the Nasdaq hearings process and will transition its trading to the OTCQX Market.
May 24, 2024 | 8:02 pm
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Marpai has withdrawn from the Nasdaq hearings process and will transition its trading to the OTCQX Market. This move may affect the stock's liquidity and investor perception.
Withdrawing from the Nasdaq hearings process and moving to the OTCQX Market could lead to reduced visibility and liquidity for Marpai's stock. This transition might also negatively impact investor confidence and perception, potentially leading to a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100