regulatory
confidence high
sentiment positive
materiality 0.75
Minerva Neurosciences regains Nasdaq compliance on minimum market value requirement
Minerva Neurosciences, Inc.
- Received Nasdaq Compliance Notice on June 16, 2023, after MVLS exceeded $35M for 10 consecutive business days.
- Previously faced delisting due to non-compliance; hearing before Nasdaq Hearings Panel cancelled.
- Company's common stock will continue trading on Nasdaq Capital Market.
- Regained compliance resolves listing uncertainty.