regulatory
confidence high
sentiment negative
materiality 0.65
Imunon receives Nasdaq bid price deficiency notice; 180 days to regain compliance
Imunon, Inc.
- Bid price closed below $1.00 for 30 consecutive business days as of Nov 26, 2024.
- Compliance period runs until May 27, 2025; must close at $1.00+ for 10 consecutive days.
- If not cured by May 27, 2025, may qualify for additional 180-day period under certain conditions.
- Company may consider options to regain compliance; no immediate effect on listing.
- Ticker IMNN continues trading on Nasdaq Capital Market.