regulatory
confidence high
sentiment negative
materiality 0.65
Unicycive Therapeutics receives Nasdaq bid price deficiency notice; 180 days to regain compliance
Unicycive Therapeutics, Inc.
- Received Nasdaq notice on July 9, 2024 for bid price below $1.00 for 30 consecutive business days.
- Has until January 6, 2025 to regain compliance by closing at $1.00+ for ten consecutive business days.
- Stock continues trading on Nasdaq Capital Market under symbol UNCY; company may consider options.
- If not compliant by Jan 6, 2025, may qualify for second 180-day period or face delisting with appeal rights.