Lucy Scientific Discovery Receives Nasdaq Notification Of Non-Compliance
Portfolio Pulse from Benzinga Newsdesk
Lucy Scientific Discovery Inc. (NASDAQ:LSDI) has received a notification of non-compliance with Nasdaq Listing Rule 5550(b) and has a hearing scheduled for June 25, 2024, to present its plan to regain compliance.
May 28, 2024 | 8:08 pm
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Lucy Scientific Discovery Inc. has been notified of non-compliance with Nasdaq Listing Rule 5550(b) and will present its plan to regain compliance on June 25, 2024.
The notification of non-compliance and the upcoming hearing introduce uncertainty regarding LSDI's Nasdaq listing status, which is likely to negatively impact investor sentiment and short-term stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100