regulatory
confidence high
sentiment negative
materiality 0.65
Jasper Therapeutics, Inc. (JSPR): Nasdaq/NYSE listing notice — Jasper Therapeutics receives Nasdaq deficiency notice for bid price below $1.00
Jasper Therapeutics, Inc.
- Nasdaq notice on Nov 3, 2022: bid price below $1.00 for 30 consecutive business days.
- Company has 180 days (until May 2, 2023) to regain compliance by closing at $1.00+ for 10 consecutive days.
- No immediate impact on listing; JSPR and JSPRW continue trading on Nasdaq Capital Market.
- Options include reverse stock split if needed; company intends to monitor and consider available options.
- Failure to cure may lead to delisting; possible appeal process but no assurance of relief.