regulatory
confidence high
sentiment positive
materiality 0.60
Processa regains Nasdaq minimum bid price compliance; delisting risk resolved
Processa Pharmaceuticals, Inc.
- Received written notice from Nasdaq on Feb 6, 2024 confirming compliance with Listing Rule 5550(a)(2).
- Achieved minimum $1.00 closing bid price for 10 consecutive business days ending Feb 2, 2024.
- Matter is now closed; no further deficiency or delisting action pending.
- Stock ticker PCSA; compliance removal removes immediate delisting overhang.