regulatory
confidence high
sentiment negative
materiality 0.75
AEON Biopharma, Inc. (AEON): Nasdaq/NYSE listing notice — Priveterra Acquisition receives Nasdaq deficiency notice for MVLS below $35M; adjourns special meeting
AEON Biopharma, Inc.
- Nasdaq notified that MVLS was below $35M minimum for 30 consecutive business days; 180-day cure period ends Dec 11, 2023.
- Special meeting for AEON Biopharma business combination adjourned from June 15 to June 21, 2023 for more stockholder engagement.
- Company may consider options to regain compliance with MVLS requirement; securities continue trading during cure period.
- Proxy supplement filed; no change to record date, redemption deadline, or other proposals.