regulatory
confidence high
sentiment negative
materiality 0.70
SOLIGENIX, INC. (SNGX): Nasdaq/NYSE listing notice — Soligenix gets Nasdaq extension to May 15, 2023 for equity listing compliance
SOLIGENIX, INC.
- Nasdaq extended the deadline to regain Shareholders' Equity Requirement compliance from March 31, 2023 to May 15, 2023.
- Company had previously satisfied the Minimum Bid Price Requirement on February 24, 2023.
- No assurance that Soligenix will meet the equity requirement by the new deadline or remain listed.
- Failure to comply could lead to delisting from Nasdaq Capital Market.