regulatory
confidence high
sentiment negative
materiality 0.55
Finch Therapeutics Group, Inc. (FNCHQ): Nasdaq/NYSE listing notice — Finch Therapeutics audit committee falls to 2 members; Nasdaq grants cure period until Mar 2025
Finch Therapeutics Group, Inc.
- Susan Graf resigned from board on March 26, 2024, reducing audit committee to 2 independent directors.
- Nasdaq requires audit committee of 3 independent directors; company notified Nasdaq on March 28.
- Nasdaq notice received April 2; company has until March 26, 2025 or next annual meeting to regain compliance.
- If next annual meeting is before September 23, 2024, cure deadline is September 23, 2024.