other material
confidence high
sentiment positive
materiality 0.60
SELLAS regains Nasdaq minimum bid price compliance effective March 11, 2024
SELLAS Life Sciences Group, Inc.
- Nasdaq confirmed compliance after closing bid price above $1.00 for 10 consecutive business days through March 8, 2024.
- Company had been notified of non-compliance on February 14, 2024, and given a 180-day grace period until August 12, 2024.
- Non-compliance matter is now closed; no further action required.
- This removes a potential delisting risk for SELLAS common stock (SLS).