regulatory
confidence high
sentiment neutral
materiality 0.60
Oncology Institute, Inc. (TOI): Nasdaq/NYSE listing notice — Nasdaq grants TOI additional 180 days to meet $1 minimum bid price through June 16, 2025
Oncology Institute, Inc.
- Received Second Nasdaq Bid Price Letter on Dec 19, 2024 granting extension to June 16, 2025.
- Company must regain compliance with minimum $1.00 bid price by end of Second Compliance Period.
- May consider a reverse stock split to cure deficiency; split must be completed 10 business days before deadline.
- If compliance not met, Nasdaq will issue delisting notice; Company may appeal to Nasdaq Hearings Panel.
- No immediate effect on listing or trading of common stock (TOI) or warrants (TOIIW).