regulatory
confidence high
sentiment positive
materiality 0.60
Ensysce regains Nasdaq compliance with equity requirement, common stock continues trading
Ensysce Biosciences, Inc.
- Received notice on May 24, 2024 from Nasdaq of regained compliance with Listing Rule 5550(b)(1) equity requirement.
- Common stock will continue trading on Nasdaq Capital Market tier; delisting risk removed for now.
- Company must maintain all Nasdaq listing requirements going forward; no assurance of future compliance.