regulatory
confidence high
sentiment negative
materiality 0.75
Vaxart receives Nasdaq notice of non-compliance with $1.00 minimum bid price
Vaxart, Inc.
- Notice received July 2, 2024; bid price below $1.00 for 30 consecutive days (May 17–July 1, 2024).
- Company has 180 calendar days, until Dec 30, 2024, to regain compliance by closing at $1.00 for 10 straight days.
- If not cured, may seek additional 180-day period by meeting other listing requirements and indicating intent to reverse split.
- Company monitoring bid price and evaluating options; no assurance of regaining compliance.