regulatory
confidence high
sentiment negative
materiality 0.85
BRAINSTORM CELL THERAPEUTICS INC. (BCLI): Nasdaq/NYSE listing notice — Brainstorm Cell receives Nasdaq delisting notice for failure to meet MVLS minimum
BRAINSTORM CELL THERAPEUTICS INC.
- Nasdaq notified BCLI on Jan 15, 2025 that it failed to regain compliance with the $35M MVLS requirement by the Jan 14 deadline.
- Unless BCLI appeals by Jan 22, 2025, its common stock will be delisted from the Nasdaq Capital Market at open on Jan 24, 2025.
- Company intends to appeal the delisting determination, but no assurance of success or continued listing.
- BCLI previously received a 180-day cure period on July 18, 2024 to meet the MVLS rule (Nasdaq 5550(b)(2)).