regulatory
confidence high
sentiment negative
materiality 0.70
Quince Therapeutics receives Nasdaq delisting notice for bid price non-compliance
Quince Therapeutics, Inc.
- Received Nasdaq notice for non-compliance with $1.00 minimum bid price requirement.
- Closing bid price below $1.00 for 34 consecutive trading days.
- Has until December 17, 2024 to regain compliance by closing at $1.00 for 10 consecutive days.
- May transfer to Nasdaq Capital Market for additional 180-day compliance period if eligible.
- Company will monitor closing bid price; no assurance of regaining compliance.