regulatory
confidence high
sentiment negative
materiality 0.75
Eyenovia receives Nasdaq deficiency notice for bid price below $1.00 per share
HYPERION DEFI, INC.
- Nasdaq notified Eyenovia that its common stock closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until December 30, 2024, to regain compliance by maintaining $1.00 or higher for 10 consecutive days.
- If not compliant by December 30, 2024, Eyenovia may qualify for an additional 180-day period subject to meeting other listing standards.
- Stock continues to trade on Nasdaq Capital Market under symbol EYEN during the cure period.
- Eyenovia intends to monitor bid price and consider available options to regain compliance.