regulatory
confidence high
sentiment positive
materiality 0.60
Eyenovia regains Nasdaq minimum bid compliance after reverse stock split
HYPERION DEFI, INC.
- Nasdaq notified Eyenovia on Feb 25, 2025 that it regained compliance with the $1.00 minimum bid requirement as of Feb 20.
- Company had faced delisting after bid price fell below $0.10 for 10 consecutive days in Dec 2024.
- Compliance achieved through a reverse stock split effective Jan 31, 2025, as disclosed in prior 8-K.
- Nasdaq originally granted exception until Feb 14, 2025; stock will continue trading on Nasdaq Capital Market.
- Bid price cure period initially ran to March 17, 2025, but was superseded by low-priced stock rule.