regulatory
confidence high
sentiment positive
materiality 0.70
Veru regains Nasdaq minimum bid price compliance; non-compliance remedied
VERU INC.
- Received Nasdaq notice on April 23, 2024 confirming compliance with Listing Rule 5550(a)(2).
- Previously disclosed on Jan 26, 2024 that average closing bid price was below $1.00 for 30 consecutive days.
- Non-compliance remedied; Company now meets continued listing standards.
- No further action required to maintain Nasdaq listing.