regulatory
confidence high
sentiment negative
materiality 0.40
CalciMedica, Inc. (CALC): Nasdaq/NYSE listing notice — Graybug Vision receives Nasdaq notice for non-compliance with $1.00 minimum bid price; 180-day cure ends June 26, 2023
CalciMedica, Inc.
- Closing bid price below $1.00 for 30 consecutive trading days as of December 27, 2022.
- Initial compliance period of 180 calendar days, until June 26, 2023, to regain compliance.
- To cure, common stock must close at $1.00 or higher for at least 10 consecutive trading days.
- Company may transfer to Nasdaq Capital Market for an additional 180-day period if criteria met.
- No immediate impact on listing; Graybug is evaluating available options to address the deficiency.