regulatory
confidence high
sentiment negative
materiality 0.80
Eterna Therapeutics receives Nasdaq delisting notice for stockholders' equity below $2.5M minimum
Ernexa Therapeutics Inc.
- Stockholders' equity was $2.2M as of Dec 31, 2024, below the $2.5M minimum required by Nasdaq Listing Rule 5550(b)(1).
- Company must submit a compliance plan to Nasdaq by May 3, 2024.
- If plan accepted, Nasdaq may grant up to 180-day extension to regain compliance.
- No immediate effect on listing; common stock continues trading under ERNA.