NeuroSense Therapeutics Receives Receipt Of Nasdaq Minimum Bid Price Notification
Portfolio Pulse from Benzinga Newsdesk
NeuroSense Therapeutics Ltd. has received a notification from Nasdaq for not meeting the minimum bid price requirement, as its stock has been below $1.00 for 30 consecutive trading days.
August 30, 2024 | 8:31 pm
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NeuroSense Therapeutics has been notified by Nasdaq for non-compliance with the minimum bid price rule, as its stock has traded below $1.00 for 30 days. This could lead to delisting if not rectified.
The notification from Nasdaq indicates a risk of delisting if the stock price does not recover above $1.00. This regulatory issue is critical for investors as it affects the stock's market presence and liquidity.
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