regulatory
confidence high
sentiment neutral
materiality 0.30
Protagenic Therapeutics resolves Nasdaq audit committee compliance issue, appoints Joshua Silverman
Protagenic Therapeutics, Inc.new
- Nasdaq notified the Company of audit committee composition non-compliance from April 27 to September 30, 2021.
- Dr. Jennifer Buell resigned from the Audit Committee; Joshua Silverman appointed effective October 1, 2021.
- With Silverman's appointment, the Company is now in compliance with Nasdaq Listing Rule 5605(c)(2)(A).
- It was later determined that Dr. Buell met independence requirements; she remains an independent board member.