other material
confidence high
sentiment negative
materiality 0.75
Cognition Therapeutics receives Nasdaq deficiency notice for bid price below $1.00
COGNITION THERAPEUTICS INC
- Deficiency letter received on September 12, 2024; stock continues trading under CGTX.
- Company has until March 11, 2025 to regain compliance under Nasdaq Rule 5450(a)(1).
- If noncompliant, company may get second 180-day cure period upon transfer to Nasdaq Capital Market.
- No assurance of regaining compliance; delisting could occur if not cured.