regulatory
confidence high
sentiment negative
materiality 0.80
Protagenic Therapeutics appeals Nasdaq delisting; hearing set for Jan 30, 2025
Protagenic Therapeutics, Inc.new
- Nasdaq determined non-compliance with $2.5M stockholders' equity requirement (Rule 5550(b)(1)).
- Company failed to regain compliance by Nov 18, 2024 extension deadline; delisting determination issued Nov 19.
- Appeal filed Nov 27; hearing stayed pending Panel decision; hearing scheduled Jan 30, 2025.
- Materials due Jan 10, 2025; no assurance Panel will grant more time to regain compliance.