Cyclacel Pharmaceuticals Receives Extension From Nasdaq To Regain Compliance With Equity Standard Rule Until December 24, 2024
Portfolio Pulse from Benzinga Newsdesk
Cyclacel Pharmaceuticals has been granted an extension by Nasdaq to regain compliance with the equity standard rule until December 24, 2024. This extension provides the company with additional time to meet the necessary requirements.
October 24, 2024 | 1:17 pm
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Cyclacel Pharmaceuticals has been granted an extension by Nasdaq to regain compliance with the equity standard rule until December 24, 2024. This extension provides the company with additional time to meet the necessary requirements.
The extension from Nasdaq is a positive development for Cyclacel Pharmaceuticals as it provides the company with more time to meet compliance requirements, potentially avoiding delisting. This can be seen as a relief for investors, likely leading to a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100