other material
confidence high
sentiment positive
materiality 0.60
SAB Biotherapeutics regains Nasdaq minimum bid price compliance after reverse split
SAB Biotherapeutics, Inc.
- Received Nasdaq notice on Jan 23, 2024 confirming regained compliance with bid price rule.
- Company conducted a 1-for-10 reverse stock split on Jan 5, 2024 to help meet the $1.00 minimum close.
- Common shares met $1.00 closing bid for 10 consecutive trading days, ending the deficiency.
- Prior non-compliance notice was issued Jan 23, 2023; Nasdaq has now closed the matter.