regulatory
confidence high
sentiment neutral
materiality 0.70
Alzamend Neuro gets Nasdaq extension to meet $2.5M equity rule by Sept 23, 2024
Alzamend Neuro, Inc.
- Nasdaq Hearings Panel granted continued listing on Capital Market, subject to compliance with Listing Rule 5550(b)(1).
- Company must demonstrate stockholder equity of at least $2.5 million on or before September 23, 2024.
- Appeal hearing held May 9, 2024; panel decision received May 21, 2024.
- CEO Stephan Jackman stated company is implementing its compliance plan.