regulatory
confidence high
sentiment negative
materiality 0.70
YIELD10 BIOSCIENCE, INC.: Nasdaq/NYSE listing notice — Yield10 Bioscience receives Nasdaq bid price deficiency notice; faces potential delisting
YIELD10 BIOSCIENCE, INC.
- Nasdaq notified Yield10 on Sept 25, 2023 that its common stock closed below $1.00 for 30 consecutive business days.
- Company has until March 25, 2024 to regain compliance by achieving $1.00 closing bid for at least 10 consecutive days.
- If not compliant by March 25, 2024, Yield10 may qualify for an additional 180-day period subject to meeting other listing standards.
- Yield10 is considering options, including a potential reverse stock split, to cure the deficiency.
- Stock continues trading on Nasdaq under symbol YTEN while the company pursues compliance.