regulatory
confidence high
sentiment negative
materiality 0.65
Singular Genomics Systems, Inc.: Nasdaq/NYSE listing notice — Singular Genomics transfers to Nasdaq Capital Market; gets 180 days to regain $1 bid price
Singular Genomics Systems, Inc.
- Approval received Jan 16, 2024; transfer effective Jan 18, 2024, to Nasdaq Capital Market under symbol OMIC.
- Company was non-compliant with Nasdaq's $1.00 minimum bid price requirement since July 17, 2023.
- Granted 180-day compliance period until July 15, 2024; must close at $1.00+ for 10 consecutive business days.
- If compliance not achieved, Nasdaq will delist; company may effect reverse stock split if necessary.