regulatory
confidence high
sentiment neutral
materiality 0.65
Virios Therapeutics gets Nasdaq bid-price extension to Oct 30, 2023
Dogwood Therapeutics, Inc.
- Received extension letter on May 2, 2023; new compliance period ends Oct 30, 2023.
- Company meets all other Nasdaq listing requirements except $1.00 minimum bid price.
- Intends to cure deficiency via reverse stock split if necessary.
- If not compliant by Oct 30, 2023, Nasdaq could delist; company may appeal to Hearings Panel.
- No assurance of regaining compliance or maintaining Nasdaq listing.