regulatory
confidence high
sentiment negative
materiality 0.75
Comera Life Sciences Holdings, Inc.: Nasdaq/NYSE listing notice — Nasdaq warns Comera Life Sciences of MVLS deficiency; 180-day cure period ends May 17, 2023
Comera Life Sciences Holdings, Inc.
- MVLS has been below $35M minimum for 30 consecutive business days, violating Nasdaq rule 5550(b)(2).
- Compliance period runs until May 17, 2023; must close at $35M+ for ten consecutive days.
- Alternative: meet minimum stockholders' equity of $2.5M to regain compliance.
- No immediate impact on listing; stock continues trading on Nasdaq Capital Market under CMRA.
- Company will monitor and evaluate options, but delisting risk remains if deficiency not cured.