regulatory
confidence high
sentiment negative
materiality 0.75
GeoVax Labs receives Nasdaq delisting notice for failing $2.5M equity minimum
GeoVax Labs, Inc.
- Notice received May 23, 2024; stockholders' equity as of March 31, 2024 below $2.5M requirement.
- Company has until July 8, 2024 to submit a plan to regain compliance with Nasdaq.
- If plan accepted, Nasdaq may grant up to 180-day extension from notice date.
- Trading under symbol GOVX continues for now; delisting risk remains if plan rejected.