regulatory
confidence high
sentiment negative
materiality 0.60
Silo Pharma receives Nasdaq deficiency notice for bid price below $1.00
Silo Pharma, Inc.
- Nasdaq notified Silo of non-compliance with minimum bid price rule after 30 consecutive business days below $1.00, from May 14 to June 26, 2025.
- Company has 180 calendar days, until December 24, 2025, to regain compliance by closing at $1.00 for 10 consecutive business days.
- If not cured, an additional 180-day period may be granted; the Company may consider a reverse stock split to address the deficiency.
item 3.01