regulatory
confidence high
sentiment positive
materiality 0.60
Precigen regains Nasdaq bid price compliance, delisting risk resolved
PRECIGEN, INC.
- Nasdaq notified Precigen on Jan 16, 2025 that it regained compliance with the $1.00 minimum bid price rule.
- Stock closed at or above $1.00 for 10 consecutive business days from Dec 31, 2024 to Jan 15, 2025.
- This resolves the deficiency first disclosed on Nov 1, 2024; the matter is closed.
- No further action needed; company avoids potential delisting from Nasdaq.