regulatory
confidence high
sentiment negative
materiality 0.70
Minerva Neurosciences receives Nasdaq deficiency notice for bid price below $1.00
Minerva Neurosciences, Inc.
- Nasdaq letter dated Jan 12, 2022, for closing bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until July 11, 2022) to regain compliance.
- Compliance requires closing bid price ≥$1.00 for at least ten consecutive business days.
- Common stock continues trading on Nasdaq Global Market under symbol NERV; no immediate delisting.