regulatory
confidence high
sentiment negative
materiality 0.70
Entera Bio Ltd. (ENTXW): Nasdaq/NYSE listing notice — Entera Bio receives Nasdaq delinquency notice for minimum bid price non-compliance
Entera Bio Ltd.
- Nasdaq notified Entera Bio on Nov 21, 2022 that ordinary shares fail minimum $1.00 bid price for 30 consecutive business days.
- Company has 180 calendar days, until May 22, 2023, to regain compliance with minimum bid price requirement.
- To cure, closing bid must be at least $1.00 for a minimum of 10 consecutive business days before deadline.
- If non-compliant by May 22, 2023, Entera may seek an additional 180-day period subject to meeting other listing standards.
- Notice has no immediate effect on the company's business operations.