other material
confidence high
sentiment negative
materiality 0.65
Vor Biopharma receives Nasdaq deficiency notice for bid price below $1.00
Vor Biopharma Inc.
- Nasdaq notified Vor Biopharma on Aug 29, 2024 that its common stock bid price has been below $1.00 for 30 consecutive business days.
- Company has until Feb 25, 2025 to regain compliance by closing at or above $1.00 for at least 10 consecutive business days.
- If not compliant by Feb 2025, Vor may transfer to Nasdaq Capital Market for an additional 180-day grace period, subject to other listing requirements.
- Delisting risk exists if compliance not regained or transfer not completed; company monitoring options including potential reverse stock split.