regulatory
confidence high
sentiment negative
materiality 0.75
Dogwood Therapeutics, Inc. (DWTX): Nasdaq/NYSE listing notice — Virios receives Nasdaq bid price deficiency notice; has 180 days to regain compliance
Dogwood Therapeutics, Inc.
- Nasdaq notice on Nov 1, 2022: bid price below $1.00 for 30 consecutive business days.
- Compliance deadline is May 1, 2023; can cure by closing at $1.00+ for 10 consecutive days.
- If not compliant, may qualify for second 180-day period or face delisting and possible appeal.
- Company will monitor bid price and may consider options to regain compliance.
- Common stock continues to trade under VIRI on Nasdaq Capital Market for now.