regulatory
confidence high
sentiment negative
materiality 0.70
Talphera receives Nasdaq notice for non-compliance with $1.00 minimum bid price
TALPHERA, INC.
- Received Nasdaq notice on Dec 6, 2024 for failure to maintain minimum bid price of $1.00 for 30 consecutive business days.
- Must regain compliance by June 4, 2025; closing bid must be at least $1.00 for ten consecutive business days.
- If not cured, Company may seek an additional 180-day compliance period if it meets other Nasdaq Capital Market standards.
- Company states it will monitor closing bid price and evaluate options including reverse stock split to regain compliance.