SaverOne Implements Change in Ratio of Shares to ADSs to Meet Nasdaq Minimum Bid Price Requirement
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SaverOne 2014 Ltd. (Nasdaq: SVRE) is facing potential delisting from Nasdaq due to non-compliance with the minimum bid price requirement. The company has implemented a change in the ratio of shares to ADSs to address this issue but is not eligible for a compliance period due to a recent reverse stock split.
February 21, 2025 | 10:15 pm
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SaverOne 2014 Ltd. is at risk of being delisted from Nasdaq due to not meeting the minimum bid price requirement. The company has changed its share to ADS ratio but is not eligible for a compliance period due to a recent reverse stock split.
The company's shares are trading below the required $1 minimum bid price, and due to a recent reverse stock split, they cannot use the standard compliance period to rectify this. This increases the risk of delisting, negatively impacting the stock price.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100