regulatory
confidence high
sentiment negative
materiality 0.70
Ernexa Therapeutics Inc. (ERNA): Nasdaq/NYSE listing notice — Eterna Therapeutics receives Nasdaq deficiency notice for insufficient stockholders' equity
Ernexa Therapeutics Inc.
- Stockholders' equity ~$8.8M as of Sep 30, 2022, below $10M minimum for Nasdaq Global Market.
- Company has 45 days to submit a compliance plan; Nasdaq may grant up to 180-day extension.
- Company may also consider transferring its listing from Nasdaq Global Market to Nasdaq Capital Market.
- Notice has no immediate effect on listing; delisting risk if compliance not regained within prescribed timeline.