regulatory
confidence high
sentiment negative
materiality 0.75
HCW Biologics Inc. (HCWB): Nasdaq/NYSE listing notice — HCW Biologics receives Nasdaq delisting notice for failure to meet MVLS minimum of $50M
HCW Biologics Inc.
- Nasdaq notified HCW Biologics on Dec 17, 2024 that its securities are subject to delisting due to MVLS below $50M threshold for 30 consecutive business days.
- Company failed to regain compliance by the Dec 16, 2024 deadline after a 180-day compliance period that began June 20, 2024.
- HCW Biologics plans to timely request a hearing before Nasdaq Hearing Panel, which will stay delisting pending hearing and possible extension.
- Panel may grant up to 180-day extension; no assurance of continued listing.