regulatory
confidence high
sentiment negative
materiality 0.60
Sensei Biotherapeutics receives Nasdaq bid-price deficiency notice; 180 days to cure
Sensei Biotherapeutics, Inc.
- Nasdaq notified Sensei on July 10, 2024 that common stock closed below $1.00 for 30 consecutive business days.
- Company has until January 6, 2025 to regain compliance by closing at $1.00 or more for at least 10 consecutive days.
- If not cured, may transfer to Nasdaq Capital Market with $5,000 fee and meet other listing standards.
- Options to cure include potential reverse stock split; no assurance of maintaining listing.
- Notice has no immediate impact on trading; Company will monitor and consider available remedies.