regulatory
confidence high
sentiment negative
materiality 0.70
Entera Bio receives 180-day Nasdaq extension to June 24, 2024 to meet $1.00 bid price rule
Entera Bio Ltd.
- Nasdaq granted 180-day extension on Dec 27, 2023; new compliance deadline is June 24, 2024.
- Must maintain closing bid price of at least $1.00 for 10 consecutive business days.
- Company may pursue reverse stock split to regain compliance.
- Failure to comply by June 24, 2024 could lead to delisting; trading continues for now.
- Extended period has no immediate effect on listing or trading under symbol ENTX.