regulatory
confidence high
sentiment negative
materiality 0.75
NRx Pharma receives Nasdaq MVLS deficiency notice; must regain compliance by Feb 3, 2025
NRX Pharmaceuticals, Inc.
- Nasdaq notified NRx on Aug 6 that MVLS was below $35M minimum from June 14 to Aug 5, 2024.
- Company has 180 days (until Feb 3, 2025) to achieve MVLS >= $35M for 10 consecutive days.
- Failure to regain compliance may result in delisting; Company can appeal but no assurance of success.