other material
confidence high
sentiment positive
materiality 0.50
Valion Bio, Inc. (VBIO): Nasdaq/NYSE listing notice — Tivic Health regains Nasdaq compliance after reverse split; delisting averted
Valion Bio, Inc.
- Nasdaq notified Tivic on Sept 15, 2023 that bid price deficiency is cured.
- Company effected 1-for-100 reverse stock split on Aug 21, 2023 to cure deficiency.
- Nasdaq cancelled the hearing and reversed its delisting determination.
- Common stock continues trading on Nasdaq Capital Market under TIVC.
- No financial impact disclosed beyond compliance status.