regulatory
confidence high
sentiment neutral
materiality 0.60
VERU INC. (VERU): Nasdaq/NYSE listing notice — Veru receives Nasdaq extension to Aug 25, 2025 to regain $1.00 bid price compliance
VERU INC.
- Nasdaq granted Veru additional 180 days, until August 25, 2025, to meet minimum $1.00 closing bid price requirement.
- Company intends to cure deficiency via reverse stock split if necessary.
- If compliance not achieved by Aug 25, 2025, Nasdaq will initiate delisting; company may appeal.
- No immediate effect on listing; common stock continues trading on Nasdaq Capital Market.