regulatory
confidence high
sentiment negative
materiality 0.70
Dogwood Therapeutics, Inc. (DWTX): Nasdaq/NYSE listing notice — Virios receives Nasdaq deficiency notice for bid price; requests hearing to seek compliance extension
Dogwood Therapeutics, Inc.
- Second Nasdaq letter received May 1, 2024 for failure to maintain $1.00 minimum bid price.
- Initial 180-day compliance period expired April 30, 2024; company has requested a hearing to stay delisting.
- Plan to regain compliance includes IMC-2 Long-COVID study data from Bateman Horne Center and potential reverse stock split.
- Hearing before Nasdaq panel will determine extension; common stock (VIRI) remains listed pending decision.