regulatory
confidence high
sentiment neutral
materiality 0.70
Nasdaq panel grants Bio-Path continued listing subject to $2.5M equity compliance by Jan 31, 2025
BIO-PATH HOLDINGS, INC.
- Company must demonstrate minimum $2.5M stockholders' equity by Jan 31, 2025 to remain listed.
- If conditions not met, Bio-Path may face delisting from Nasdaq Capital Market.
- Company previously received deficiency notice in March 2024, extension in June 2024, and delisting determination in September 2024.
- Bio-Path intends to pursue compliance but cautions there is no assurance of success.