PALISADE BIO, INC. (PALI): Nasdaq/NYSE listing notice — Palisade Bio receives Nasdaq notice for bid price below $1.00 per share

PALISADE BIO, INC.

Nasdaq notified Palisade Bio on Oct 19, 2023 of non-compliance with $1.00 minimum bid price rule.
Stock continues trading on Nasdaq under PALI; 180-day compliance period begins Oct 19.
If compliance not met, may qualify for additional 180 days if other listing standards are satisfied.
Company will monitor bid price and consider options to regain compliance within the period.

item 3.01

Key facts

Extracted from this filing and checked against the source text.

Listing & Compliance Notices SEC 8-K Item 3.01 confidence 0.9

PALISADE BIO, INC. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2)).

Exchange: nasdaq
Notice: deficiency notice
Deficiency: minimum bid price
Rules: 5550(a)(2)

Exact text from the filing

October 19, 2023, Palisade Bio, Inc. (the “Company”) received notice (the “Notice”) from The Nasdaq Stock Market LLC (“Nasdaq”) advising the Company that for 30 consecutive trading days preceding the date of the Notice, the bid price of the Company’s common stock had closed below the $1.00 per share minimum required for continued listing on The Nasdaq Capital Market pursuant to Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Requirement”). The Notice has no effect on the listing of the Company’s common stock at this time, and the Company’s common stock continues to trade on The Nasdaq C

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20 listing & compliance notices filed in the last 30 days. Browse all listing & compliance notices →

PALISADE BIO, INC. filing history →

Source: SEC EDGAR

accession 0001493152-23-037881

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