ThermoGenesis Holdings Says On June 6, 2024, The Company Received Additional Continued Listing Notice; Staff Denied The Company's Request For Continued Listing On Nasdaq; Company's Common Stock Suspended At Opening Of Business On June 17, 2024
Portfolio Pulse from Benzinga Newsdesk
ThermoGenesis Holdings received a notice on June 6, 2024, that its request for continued listing on Nasdaq was denied. Consequently, the company's common stock will be suspended at the opening of business on June 17, 2024.
June 11, 2024 | 8:38 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
ThermoGenesis Holdings' request for continued listing on Nasdaq was denied, leading to the suspension of its common stock on June 17, 2024.
The denial of the request for continued listing on Nasdaq and the subsequent suspension of the stock is a significant negative event for ThermoGenesis Holdings. This will likely lead to a decrease in investor confidence and a drop in the stock price.
CONFIDENCE 100
IMPORTANCE 100
RELEVANCE 100