other material
confidence high
sentiment negative
materiality 0.95
HTG MOLECULAR DIAGNOSTICS, INC: Nasdaq/NYSE listing notice — HTG Molecular Diagnostics receives Nasdaq delisting notice due to Chapter 11 filing; trading suspended June 15
HTG MOLECULAR DIAGNOSTICS, INC
- Delisting notice received June 6, 2023 from Nasdaq staff after company's Chapter 11 bankruptcy filing.
- Trading of HTGM common stock suspended at open on June 15, 2023; Form 25-NSE to follow.
- Nasdaq cited concerns over continued listing compliance, residual equity interest, and public interest.
- Company does not intend to appeal the delisting determination.