regulatory
confidence high
sentiment neutral
materiality 0.30
Finch Therapeutics regains compliance with Nasdaq minimum bid price requirement
Finch Therapeutics Group, Inc.
- Received letter from Nasdaq on June 27, 2023 confirming regained compliance with Listing Rule 5450(a)(1).
- Closing bid price was $1.00 or greater for 10 consecutive business days from June 12 to June 26, 2023.
- Previously notified of deficiency on Dec 30, 2022; compliance deadline was June 28, 2023.
- Nasdaq considers the compliance matter closed; no further action required.