regulatory
confidence high
sentiment negative
materiality 0.60
Pluri receives Nasdaq extension to Nov 24, 2024 to regain $2.5M equity requirement
Pluri Inc.
- Deficiency letter issued May 28, 2024 for failing Nasdaq's $2.5M stockholders' equity minimum.
- Compliance plan submitted July 11, 2024; Nasdaq granted extension to November 24, 2024.
- If not compliant by deadline, Nasdaq may delist; company may appeal.
- No immediate effect on trading of common shares under symbol PLUR.
- Company intends to take all reasonable measures to maintain listing.