regulatory
confidence high
sentiment neutral
materiality 0.50
Ocugen, Inc. (OCGN): Nasdaq/NYSE listing notice — Ocugen receives Nasdaq extension to Dec 29, 2025 to meet $1 bid price requirement
Ocugen, Inc.
- Ocugen granted 180-day extension until Dec 29, 2025 to regain compliance with Nasdaq minimum bid price $1.00.
- Previously, on Dec 31, 2024, Nasdaq warned that stock had traded below $1 for 30 consecutive business days.
- If bid price closes at $1.00 or more for 10 consecutive business days before Dec 29, compliance will be achieved.
- Failure to demonstrate compliance by Dec 29 may result in delisting, subject to possible appeal to Nasdaq Hearing Panel.
- No assurance that appeal would succeed if delisting is determined.