regulatory
confidence high
sentiment negative
materiality 0.65
Enveric Biosciences, Inc. (ENVB): Nasdaq/NYSE listing notice — Enveric Biosciences receives Nasdaq deficiency notice for failing to meet minimum stockholders' equity requirement
Enveric Biosciences, Inc.
- Stockholders' equity reported $2,435,646 as of Sept 30, 2023, below $2,500,000 minimum.
- Company has until Jan 5, 2024 to submit a plan to regain compliance to Nasdaq.
- If plan accepted, Nasdaq may grant up to 180-day extension to regain compliance.
- Company does not meet alternative quantitative standards for continued listing.