Eagle Pharmaceuticals To Be Delisted From Nasdaq On October 3, 2024, Due To Non-Compliance; Trading Suspension And Delisting Filing With SEC After Appeal Period
Portfolio Pulse from Benzinga Newsdesk
Eagle Pharmaceuticals will be delisted from Nasdaq on October 3, 2024, due to non-compliance with Nasdaq Listing Rule 5250(c)(1). The company failed to file required financial reports and did not appeal the delisting decision.
October 02, 2024 | 1:20 pm
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Eagle Pharmaceuticals will be delisted from Nasdaq due to non-compliance with financial reporting requirements. The company failed to file necessary reports and did not appeal the decision.
Eagle Pharmaceuticals' failure to comply with Nasdaq's financial reporting requirements has led to a delisting decision. This is a significant negative event for the company, likely leading to a decrease in stock price due to loss of investor confidence and reduced market visibility.
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