regulatory
confidence high
sentiment positive
materiality 0.65
Equillium regains Nasdaq compliance with $1.00 minimum bid price rule
Equillium, Inc.
- Received Nasdaq letter on Feb 21, 2024 confirming compliance with Bid Price Rule.
- Required closing bid price of $1.00 per share or more for 10 consecutive business days.
- Condition met on Feb 20, 2024; common stock continues trading on Nasdaq Capital Market.
- Previously disclosed non-compliance in April 2023; granted 180-day grace period in October 2023.