regulatory
confidence high
sentiment negative
materiality 0.75
Bellevue Life Sciences receives second Nasdaq delisting notice for insufficient public holders
OSR Holdings, Inc.
- Nasdaq notified company on Aug 20, 2024 that it failed to regain compliance with minimum 300 public holders requirement by Aug 13, 2024 deadline.
- Company previously received initial notice on Feb 15, 2024 and submitted a compliance plan; extension granted until Aug 13, 2024.
- Company intends to timely request a hearing before Nasdaq Hearings Panel, which will automatically stay suspension or delisting.
- Securities affected: units (BLACU), common stock (BLAC), warrants (BLACW), rights (BLACR).