regulatory
confidence high
sentiment negative
materiality 0.70
Cognition Therapeutics gets Nasdaq extension to Sept 8, 2025; transfer to Capital Market
COGNITION THERAPEUTICS INC
- Received Nasdaq extension notice on March 12, 2025, granting 180 additional days until Sept 8, 2025 to regain $1.00 minimum bid price.
- Common stock will transfer from Nasdaq Global Market to Nasdaq Capital Market effective March 14, 2025.
- Company will consider options including a reverse stock split to regain compliance.
- If not compliant by Sept 8, 2025, Nasdaq will initiate delisting; company may appeal.
- Bid price has been below $1.00 for over 30 consecutive business days as of Sep 2024.