regulatory
confidence high
sentiment positive
materiality 0.50
AVROBIO regains Nasdaq minimum bid price compliance; matter closed
Tectonic Therapeutic, Inc.
- Nasdaq notified AVROBIO on June 12, 2023 that bid price closed at or above $1.00 for 14 consecutive business days.
- Prior deficiency notice on May 11, 2023 cited 30 consecutive business days below $1.00 from March 29 to May 10.
- Regained compliance with Nasdaq Listing Rule 5450(a)(1) for continued listing on the Global Select Market.
- Nasdaq has closed the matter regarding the minimum bid price requirement.