regulatory
confidence high
sentiment negative
materiality 0.75
PDS Biotechnology Corp (PDSB): Nasdaq/NYSE listing notice — PDS Biotechnology receives Nasdaq bid price deficiency notice; 180 days to cure
PDS Biotechnology Corp
- Stock closed below $1.00 for 30 consecutive business days, triggering Nasdaq Listing Rule 5550(a)(2) deficiency.
- Company has 180 calendar days, until August 24, 2026, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by deadline, company may seek a second 180-day period if it meets other listing standards.
- Potential remedies include a reverse stock split; delisting could occur if compliance is not achieved.
- Common stock continues trading on Nasdaq under symbol PDSB with no immediate impact.