Tonix Pharmaceuticals Regains Compliance with Nasdaq Minimum Bid Price Requirement; Receives Confirmation Letter from Nasdaq
Portfolio Pulse from Benzinga Newsdesk
Tonix Pharmaceuticals has regained compliance with Nasdaq's minimum bid price requirement and received a confirmation letter from Nasdaq.

June 26, 2024 | 7:14 pm
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POSITIVE IMPACT
Tonix Pharmaceuticals has regained compliance with Nasdaq's minimum bid price requirement, which is a positive regulatory development for the company.
Regaining compliance with Nasdaq's minimum bid price requirement removes the risk of delisting, which is a positive signal for investors and can lead to increased investor confidence and potentially higher stock prices.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100