Streetbeat News

Regulatory

JZ

Jianzhi Education Technology has received a non-compliance notice from Nasdaq for failing to meet the $5 million market value requirement over 30 consecutive business days.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:11 pm

IMRX

Immuneering shares are trading higher after the company announced that IMM-1-104 was granted Fast Track designation from the FDA.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:11 pm

GTBIF

Ohio is nearing the launch of its recreational cannabis market, with 34 medical cannabis businesses approved to expand into adult-use sales. Key players like Riviera Creek, Pure Ohio Wellness, and Green Thumb Industries Inc (OTC:GTBIF) are ramping up production. However, sales are pending until dispensaries receive dual-use licenses by September 7. House Bill 230, introducing oral fluid tests for impaired drivers, has sparked controversy over its reliability.

Portfolio Pulse from Patricio Liddle

July 31, 2024 | 9:11 pm

RCEL

AVITA Medical (NASDAQ: RCEL) has entered into an exclusive multi-year agreement with Regenity Biosciences for the marketing, sales, and distribution of a unique collagen-based dermal matrix, pending FDA 510(k) clearance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 9:03 pm

IMRX

Immuneering Corporation (NASDAQ:IMRX) has been granted FDA Fast Track designation for its lead program, IMM-1-104, as a first-line treatment for pancreatic ductal adenocarcinoma (PDAC). This follows a previous Fast Track designation for second-line treatment. The company expects initial data from its Phase 2a trial in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:59 pm

PEGY

Pineapple Energy Inc. (NASDAQ:PEGY) has regained compliance with Nasdaq's equity listing requirements, ensuring its continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:59 pm

SVMH

SRIVARU Holding Limited (NASDAQ:SVMH, SVMHW) received an additional Nasdaq delisting notification due to non-compliance with market value requirements. The company has submitted a request for a hearing to appeal the decision.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:56 pm

AMD

AVGO

MU

NVDA

SMH

SOXX

UMC

Broadcom Inc. (NASDAQ:AVGO) shares surged nearly 12% following strong earnings from Advanced Micro Devices Inc. (NASDAQ:AMD) and positive news on U.S. export regulations. The semiconductor sector, including ETFs like iShares Semiconductor ETF (NYSE:SOXX) and VanEck Semiconductor ETF (NYSE:SMH), experienced significant gains.

Portfolio Pulse from Vaishali Prayag

July 31, 2024 | 8:54 pm

KXIN

Kaixin Holdings has received a notification from Nasdaq for non-compliance with the $1 minimum bid price requirement. The company has been granted a 180-day extension until January 27, 2025, to regain compliance.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:36 pm

ALXO

Trading halt status for ALXO was updated at 4:25 PM ET. The news and resumption times are yet to be announced.

Portfolio Pulse from Benzinga Newsdesk

July 31, 2024 | 8:25 pm