regulatory
confidence high
sentiment negative
materiality 0.75
Hoth Therapeutics receives Nasdaq delisting notice for bid price below $1.00
Hoth Therapeutics, Inc.
- Closing bid price of common stock below $1.00 for 30 consecutive business days ending May 12, 2025.
- Company has 180 days, until November 10, 2025, to regain compliance with minimum bid price rule.
- To cure, stock must close at or above $1.00 for at least 10 consecutive business days.
- Company may consider a reverse stock split among available options to regain compliance.
- Nasdaq notice has no immediate effect on trading; stock continues on Nasdaq Capital Market under HOTH.