regulatory
confidence high
sentiment negative
materiality 0.70
Bionomics receives Nasdaq bid price deficiency notice; has until Jan 7, 2025 to regain compliance
Neuphoria Therapeutics Inc.
- Nasdaq notified Bionomics on July 11, 2024 that its ADS bid price closed below $1.00 for 30 consecutive business days.
- Company has 180 calendar days (until Jan 7, 2025) to regain compliance by maintaining $1.00 closing bid for 10 consecutive days.
- If not cured by Jan 7, 2025, Bionomics may qualify for a second 180-day period by meeting other listing standards and announcing a reverse stock split plan.
- Failure to cure or qualify for extension could result in delisting from The Nasdaq Global Market.