regulatory
confidence high
sentiment negative
materiality 0.70
Hepion Pharmaceuticals receives Nasdaq deficiency notice for bid price below $1.00
Hepion Pharmaceuticals, Inc.
- Notice received Sept. 3, 2024; bid price below $1.00 for 30 consecutive business days.
- Company has 180 calendar days, until March 3, 2025, to regain compliance.
- To regain compliance, closing bid must be ≥$1.00 for at least 10 consecutive business days.
- If not compliant, may qualify for a second 180-day period; otherwise Nasdaq will delist.
- Common stock continues trading on Nasdaq under symbol HEPA.