regulatory
confidence high
sentiment negative
materiality 0.65
Spero Therapeutics receives Nasdaq bid price deficiency notice; has until Aug 25, 2025 to regain compliance
Spero Therapeutics, Inc.
- Nasdaq notified Spero on Feb 25, 2025 that its stock closed below $1.00 for 30 consecutive trading days.
- Compliance deadline is August 25, 2025; cure requires closing at $1.00+ for 10 consecutive business days.
- If not cured, Spero may transfer to Nasdaq Capital Market and consider reverse stock split for 180-day extension.
- Stock continues trading on Nasdaq GS under SPRO; no immediate delisting effect.