regulatory
confidence high
sentiment negative
materiality 0.90
Finch Therapeutics receives Nasdaq delisting notice; trading suspended May 28
Finch Therapeutics Group, Inc.
- Nasdaq Listing Panel determined to delist Finch; company deemed a 'public shell' without an operating business.
- Trading of common stock suspended at opening on May 28, 2024; Nasdaq will file Form 25-NSE after 45 days.
- Common stock expected to trade on OTC market, but no assurance of prompt or continued trading.