regulatory
confidence high
sentiment positive
materiality 0.60
Cartesian regains Nasdaq minimum bid price compliance; delisting risk removed
Cartesian Therapeutics, Inc.
- Received deficiency notice Jan 17, 2024 for bid price below $1.00 for 30 consecutive days.
- Compliance period granted until July 15, 2024 to cure the deficiency.
- On April 19, 2024, Nasdaq confirmed bid price ≥ $1.00 for 10 consecutive days from April 5-18.
- Nasdaq considers the matter closed; company remains listed on Nasdaq Global Market.