regulatory
confidence high
sentiment neutral
materiality 0.60
Alzamend Neuro, Inc. (ALZN): Nasdaq/NYSE listing notice — Alzamend Neuro granted Nasdaq extension to Nov 15, 2023; must execute reverse stock split by Nov 1
Alzamend Neuro, Inc.
- Nasdaq Hearings Panel grants extension until Nov 15, 2023 to regain $1.00 minimum bid compliance.
- Conditions: obtain stockholder approval for reverse stock split (ratio 1:2 to 1:20) by Sept 29, 2023.
- Company must effect reverse stock split by Nov 1, 2023 and then maintain $1.00 closing bid for 10 consecutive business days.
- Annual stockholder meeting scheduled for Sept 29, 2023 to approve reverse stock split.