regulatory
confidence high
sentiment negative
materiality 0.75
NeuroOne receives Nasdaq delisting notice for bid price below $1.00 for 30 days
NEUROONE MEDICAL TECHNOLOGIES Corp
- Closing bid price of common stock below $1.00 for 30 consecutive business days triggered Nasdaq minimum bid price deficiency.
- Company has 180 calendar days, until January 7, 2025, to regain compliance by closing at $1.00+ for 10 consecutive days.
- If not compliant by Jan 7, 2025, may qualify for an additional 180-day period if it meets other listing standards.
- NeuroOne intends to monitor bid price and consider available options to cure the deficiency; delisting risk remains if not cured.