regulatory
confidence high
sentiment negative
materiality 0.75
Minerva Neurosciences receives Nasdaq delisting notice for MVLS non-compliance; to request hearing
Minerva Neurosciences, Inc.
- Second Nasdaq notice for continued non-compliance with $35M minimum Market Value of Listed Securities; delisting determination unless hearing requested.
- Company to request Nasdaq Hearings Panel hearing, which will stay suspension/delisting pending outcome.
- Panel may grant extension to April 5, 2025; no guarantee of regaining compliance or continued listing.