other material
confidence high
sentiment positive
materiality 0.60
Nektar Therapeutics regains Nasdaq minimum bid price compliance
NEKTAR THERAPEUTICS
- Received Nasdaq notice on April 17, 2024, confirming compliance regained as of April 16, 2024.
- Common stock closing bid price met $1.00 minimum for 10 consecutive business days.
- Stock had been non-compliant since May 2023 and transferred to Nasdaq Capital Market in November 2023.
- Additional 180-day extension had been granted until May 20, 2024.
- Continued listing on Nasdaq Capital Market is now secure.