regulatory
confidence high
sentiment negative
materiality 0.70
Pluri receives Nasdaq bid price deficiency notice; has until April 2023 to comply
Pluri Inc.
- Notice on Oct 12, 2022: common stock bid price closed below $1.00 for 30 consecutive days.
- 180-day compliance period expires April 10, 2023; must close at $1.00+ for 10 consecutive days.
- If not compliant by deadline, Company may transfer to Nasdaq Capital Market for additional 180 days.
- Company may consider a reverse stock split to regain compliance if appropriate.
- Listing continues on Nasdaq Global Market under symbol PLUR during the cure period.