regulatory
confidence high
sentiment positive
materiality 0.65
60 Degrees Pharmaceuticals regains Nasdaq minimum bid price compliance
60 DEGREES PHARMACEUTICALS, INC.
- Received Nasdaq letter on Jan 10, 2024 confirming compliance with Bid Price Rule 5550(a)(2).
- Closing bid price averaged $1.00 or more for 10 consecutive business days through Jan 9, 2024.
- Previously received deficiency notice on Nov 2, 2023; delisting risk now resolved.
- Company's common stock (SXTP) and warrants (SXTPW) continue trading on Nasdaq Capital Market.