regulatory
confidence high
sentiment positive
materiality 0.50
Pasithea regains Nasdaq minimum bid price compliance, delisting risk removed
Pasithea Therapeutics Corp.
- Received Nasdaq letter on Jan 17, 2024 confirming compliance with $1.00 minimum bid price rule.
- Stock held closing bid at or above $1.00 for sufficient consecutive business days to satisfy requirement.
- Previously received non-compliance notice on Jan 19, 2023 and extension to Jan 15, 2024.
- Matter is now closed; no further action needed regarding bid price deficiency.