CENTOGENE Receives Delisting Notice From Nasdaq, Effective At The Open Of Trading On August 8, 2024
Portfolio Pulse from Benzinga Newsdesk
CENTOGENE N.V. has received a delisting notice from Nasdaq due to noncompliance with the minimum market value requirement. Trading suspension will be effective on August 8, 2024, and the company does not intend to appeal the decision.
August 07, 2024 | 10:25 pm
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CENTOGENE N.V. has received a delisting notice from Nasdaq due to noncompliance with the minimum market value requirement. Trading suspension will be effective on August 8, 2024, and the company does not intend to appeal the decision.
The delisting notice from Nasdaq indicates that CENTOGENE is noncompliant with the minimum market value requirement. The company's decision not to appeal suggests that the delisting is imminent, which is likely to negatively impact the stock price in the short term.
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