LakeShore Biopharma Regains Compliance With Nasdaq Minimum Bid Price Requirement
Portfolio Pulse from Benzinga Newsdesk
LakeShore Biopharma has regained compliance with Nasdaq's minimum bid price requirement, as confirmed by a notice from Nasdaq's Listing Qualifications Department.
October 29, 2024 | 12:39 pm
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LakeShore Biopharma has received a notice from Nasdaq confirming it has regained compliance with the minimum bid price requirement, which is a positive regulatory development for the company.
Regaining compliance with Nasdaq's minimum bid price requirement is crucial for LakeShore Biopharma as it ensures continued listing on the exchange, which can positively impact investor confidence and stock price.
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IMPORTANCE 80
RELEVANCE 100