regulatory
confidence high
sentiment negative
materiality 0.65
KINETA, INC./DE: Nasdaq/NYSE listing notice — Kineta receives Nasdaq notice for MVLS non-compliance; 180 days to cure
KINETA, INC./DE
- Received Nasdaq notice on June 27, 2023 for failing to maintain MVLS of at least $35M for 30 consecutive business days.
- Company has until December 26, 2023 to regain compliance by achieving MVLS >= $35M for 10 consecutive business days.
- Failure to regain compliance may lead to delisting; company plans to monitor options but offers no assurance.
- Notice has no immediate effect on listing or trading of common stock under ticker KA.