other material
confidence high
sentiment negative
materiality 0.60
Invivyd receives Nasdaq deficiency notice for bid price below $1.00 share
Invivyd, Inc.
- Received deficiency letter on 12/27/2024; stock bid price <$1.00 for 30 consecutive business days.
- Must regain compliance by June 25, 2025 via closing bid price >=$1.00 for 10 consecutive days.
- May qualify for second 180-day period by transferring to Nasdaq Capital Market if eligible.
- Company will monitor bid price and consider options but cannot assure regaining compliance.